The United States-based Nasdaq-listed crypto exchange Coinbase became the first to receive regulatory approval in the Netherlands to provide crypto services.
Coinbase is a publicly listed crypto exchange and it is known to provide highly compliance-based crypto services globally. The exchange has a highly talented team, which can create highly innovative tools. In August of last year, The United States Immigration and Customs Enforcement purchased a monitoring tool for $29k from Coinbase.
On 22 September, Coinbase exchange announced via a new blog post that it had received a green signal from Dutch Central Bank to provide crypto services in the Netherlands.
This regulatory approval will allow the exchange to provide crypto services to retail & institutional investors and also exchange can offer its crypto products.
-----Cryptonews AD----->>>
Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE
<<<-----Cryptonews AD-----
“This registration will allow Coinbase to offer our full suite of retail, institutional, and ecosystem products to customers in the Netherlands,” the Coinbase post read.
Further Coinbase stated that the exchange aimed to bring innovations in the crypto sector under the full compliance ecosystem, to remain favorable to the public and policymakers, and to create better trust in the digital assets space.
Nana Murugesan, Vice president at Coinbase’s International and Business Development, shared his happiness about the success of the company and said that the Netherlands is a critical global market and he is happy that Coinbase will bring the crypto economy to this sector.
“The Netherlands is a critical international market for crypto, and I am excited for Coinbase to bring the potential of the crypto economy to the market here.”
Earlier this, on 8 September, Coinbase funded a public lawsuit to impose pressure on the US treasury department to revoke the imposed sanction on the crypto mixing platform Tornado Cash. Through the lawsuit, Plaintiff claimed that Tornado Cash is a neutral tool and can be used for good purposes.
Later response by the US Treasury Department claimed that Tornado Cash may be a neutral platform but in reality, bad actors were using it for their illegal fund transactions.
Read also: GitHub unbans crypto mixing platform Tornado Cash
Coinbase successfully receives regulatory approval in Netherlands
https://bitcoinik.com/coinbase-successfully-receives-regulatory-approval-in-netherlands/feed/
https://bitcoinik.com/coinbase-successfully-receives-regulatory-approval-in-netherlands/feed/
Moon Grid trading bot
OKX’s new Moon Grid bot automatically buys low and
sells high within a wide price range using artificial intelligence based on market backtesting.
Quick to set up with smart entry and exit points!
How does it work?
- Select Trade in the main menu, then select Trading bot.
- Select a spot trading pair from the Trading bot menu.
- Select Moon Grid from the listed strategies.
- Enter the amount you want the bot to trade and click Create.
- Your bot will then be live.
- To view and manage your Moon Grid bot, select Bots at the bottom of the trading dashboard.
—————————————————————————————————————————————-
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
