Wanted For Money Laundering: Bianance

Thursday, August 19, 2021 at 6:53pm

Binance Holdings wanted in the Netherlands. The central bank of the Netherlands, De Nederlandsche Bank, has issued a warning to Binance Holdings Limited and its entities offering crypto services to local residents. Long story short, the Dutch central bank said the crypto exchange was not operating in compliance with the country’s anti-money laundering and anti-terrorist financing act. Other countries including the Netherlands have said the company is not authorized to provide certain services to their residents. To end on a positive note, Binance  "is in the process of submitting an application for the required registration.”