Crypto.com Trumps Binance, Securing Netherlands Registration as Larger Rival Withdraws

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Crypto.com Trumps Binance, Securing Netherlands Registration as Larger Rival Withdraws
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Trading venue cryptocom has been registered by Dutch regulator DNB_NL, while others such as binance weren’t so lucky. jackschickler reports.

has been officially registered as a crypto service provider by the Dutch central bank , the latest in a series of regulatory recognitions hailed by the company.

The Netherlands has previously taken a tough line on companies including Binance and Coinbase – but has now joined jurisdictions including the U.K., Dubai and France in recognizing the company, under its formal name of Foris DAX Global Ltd. “This registration approval from De Nederlandsche Bank is a significant milestone for our business and the latest testament to our commitment to compliance,” said Kris Marszalek, CEO of

in a statement. “We look forward to continuing to work with DNB and other regulators around the world.”

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