The Netherlands: sanctions compliance for crypto service providers

By Brian Mulier, Goran Danilovic, Dick Ignacio

06-2020

As of May 21 (2020), the implementation of EU's 5th anti-money laundering Directive obliges providers of cryptocurrency exchanges and/or wallets to register themselves in the Netherlands. Such registration depends among others on having adequate procedures and measures of compliance with EU and Dutch sanctions laws in place, effectively making sanctions compliance more important than ever for crypto service providers in the Netherlands.

Read our flyer for more information >