Coinbase Gets Dutch Fine for Operating Without Registration

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The Dutch Central Bank fined crypto exchange Coinbase for providing digital-asset services in the country prior to its local registration in September.

The central bank said Thursday it’s imposing an administrative fine of €3.33 million ($3.63 million) on Coinbase Europe Ltd. for operating in the country without registering with the monetary authority. Coinbase obtained its registration in the Netherlands on Sept. 22.