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Dutch Central Bank Registers First Cryptocurrency Provider Amdax B.V. — Under European Guideline AMLD5

by Richard Kastelein Based in the heart of the Netherlands financial world, Amsterdam-based Amdax B.V. has been given a green light and officially registered by De Nederlandsche Bank (DNB) as the first provider of cryptocurrency services in the Netherlands. The registration will allow AMDAX to process crypto transactions and store cryptocurrencies. The Dutch government has been somewhat bullish on cryptocurrencies and since May 21st, 2020, it’s applying new legislation related to cryptocurrency, based on European guideline AMLD5. Starting at 2.5 BTC, AMDAX supports retail and professional traders and businesses with a portfolio for trading cryptocurrencies, secure storage, and insured custody…

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