Deadline Approaches for Crypto Firms to Register in the Netherlands Under New AML Rules

The deadline has arrived: Unregistered Dutch cryptocurrency firms must comply with the country’s new anti-money laundering (AML) laws by May 18, following their approval by the Dutch Upper House on April 21.

Under the Anti-Money Laundering Directive, businesses providing crypto-to-fiat or custodial services were required to register by today. However, those offering solely crypto-to-crypto services are not subject to this requirement.