Dutch crypto firm takes legal action against DNB

Netherlands Bank
Photo: Rachael King

A Dutch bitcoin exchange has filed an injunction against the Netherlands Bank (DNB) over wallet-level know-your-customer (KYC) requirements, claiming the regulation has “no legal basis”.

In what could be an important moment for the industry, Bitonic has taken on the Dutch central bank over regulation it claims “violates privacy rules”.

“We decided this week to urgently file a preliminary injunction at the court in Rotterdam in order to suspend the wallet-verification requirement of DNB,”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: