Popular US cryptocurrency exchange Gemini will stop operating in the Netherlands next November.
Following Binance, the world’s largest cryptocurrency exchange, Gemini also Discontinuing services in the Netherlands took the decision. According to the statement made by the stock exchange, all transactions were closed due to regulatory pressures. 17 November It will be stopped on . Borsa, from its Dutch customers until 17 November He asked them to withdraw their assets.
However, in the statement made by the stock exchange, activities in the Netherlands working to return again It was stated that it will be continued. In the statement, Dutch Central Bank (DNB) It was emphasized that the regulations applied caused this result:
We have to stop our activities due to the requirements imposed by the Dutch Central Bank (DNB).
In its statement, Gemini advised users to keep their money in the country. regulated operating cryptocurrency exchange To Bitvavo He recommended transferring them.
The world’s largest cryptocurrency exchange Binance, In his statement at the beginning of June regulatory for reasons He announced that he would leave the Netherlands because of this. Binance also continues to provide services without completing proper registration procedures. $3.3 million from DNB He was fined.