Binance to quit Netherlands after failing to register

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Binance to quit Netherlands after failing to register
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Binance, the largest cryptocurrency exchange, said on Friday that it was leaving the Dutch market because it had been unable to meet registration requirements to operate as a virtual asset service provider.

FILE PHOTO: Binance logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/File Photoon Friday that it was leaving the Dutch market because it had been unable to meet registration requirements to operate as a virtual asset service provider.by the U.S. Securities and Exchange Commission to charge the company with evading securities laws. Binance disputes the SEC charges.

"While Binance is disappointed that this has become necessary, it will continue to engage productively and transparently with Dutch regulators," they said.

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