Binance News: The biggest cryptocurrency exchange, Binance on Friday announced that it will be leaving the Dutch market with immediate effect. It cited not being able to register as a VASP with the Dutch regulator as a reason to mark its exit from the country.
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As per Binance, no new users living in the Netherlands will be accepted on the crypto exchange with an immediate effect. However, the existing Dutch users will be allowed to withdraw their assets from the platform from July 17, 2023, while no further purchases, or trades will be permitted.
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