Given the implemented AMLD5 regulation – against money laundering via crypto exchanges and wallet providers – these parties parties are obliged to register at DNB (the Dutch National Bank) if they are active on the Dutch market. Probably related to this change, Nocks (temporarily) halted its trading platform. Bitcoin Magazine reported a week ago that Nocks will sell its trading platform, to a party it didn’t announce yet.
What does that mean for ICY/EUR trade? ICY holders can still continue trading ICURY on the crypto exchange Txbit where trading pairs ICY/BTC and ICY/ETH are supported. Txbit has registered its exchange at DNB, so it can make use of the six months grace period, to get fully prepared for AMLD5 compliance.
Read further: ICURY, News, amld5, DNB, ICY, nocks, txbit
Founder and CEO of Icecat NV. Investor through iMerge. PhD Multimedia at Delft University of Technology. Former Professor at Open University Netherlands/Technical Sciences & Environment.
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