You can buy Bitcoin from quite a few parties, Binance is perhaps the best known. However, Binance operates illegally in the Netherlands, says De Nederlandsche Bank.
There are all kinds of strict rules that you have to comply with as a cryptocurrency provider if you want to operate in the Netherlands. European or Dutch companies are well acquainted with these rules, but you often see that companies outside our regions are less aware of these rules. Especially because those rules are often just new.
Binance in the Netherlands
Binance operates from the Cayman Islands, but ignores the rules in the Netherlands. De Nederlandsche Bank (DNB) reports about this. To in the Netherlands Bitcoin and other crypto you must register as a customer, among other things. However, Binance does not ask for registration at all. You can simply purchase crypto there, anonymously if necessary.
You as a customer have nothing to fear. It is Binance that operates illegally in the Netherlands as a company. So action will have to be taken against this company. That should also be a fair development for the competition who do adhere to the rules. Because continuing in this way is unfair to the companies that have invested in the new rules.
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