Binance withdraws from Netherlands following VASP license snub
Binance will end its Dutch operations from July 17.
Regulatory enforcement, AML standards, and innovation across the Dutch crypto market.
De Nederlandsche Bank (DNB) said Coinbase's operation in the Netherlands was illegal until September 2022.
The fund spared $325,000 to support 12 developers in total — Gleb Naumenko and Furzy earned highest amount at $50,000 each.
The Tornado Cash developer still does not fully comprehend the reason behind his arrest, in what he believes is a great abuse of process.
Dutch authorities' investigations revealed that the alleged thief laundered Bitcoin with the use of malicious software from the open-source Electrum wallet.
The comments of FIOD, which arrested a Tornado Cash developer last week, could have far-reaching impacts on all blockchain developers.
The FIOD confirmed that the arrested Tornado Cash developer was suspected of being involved in the hiding of criminal financial transactions and facilitating money laundering.