Netherlands Against Cryptocurrencies

March 12, 2018

Finance minister of Netherlands Wopke Hoekstra called the country’s parliament for all-out control over ICO projects and crypto industry in general. He regards the country as unready for cryptocurrencies and ICO having pointed at low client protection at crypto trading.

Hoekstra also told, by 2020 all Dutch crypto exchanges and similar platforms will pass state registration and KYC standard compliance check.

In addition, the minister sounded the idea of drafting a law aimed at ICO participants protection which is similar to that traditional investors get.

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