Tag: dnb

Dutch central bank licenses first digital currency startup

https://coingeek.com/dutch-central-bank-licenses-first-digital-currency-startup-since-crackdown/

The regulator issued a license to AMDAX, allowing the company to process digital currency transactions.

Known as De Nederlandsche Bank, the regulator adopted the European Union’s Fifth Anti-Money Laundering Directive (AMLD5) in April 2020

AMDAX co-founder Valentino Cremona believes that the registration is a big step forward, not just for his company but the industry as a whole. It will lead to the adoption and acceptance of digital currencies, he said.