Coinbase Fined $3.6 Million By Dutch Central Bank

The Dutch central bank, De Nederlandsche Bank (DNB), has fined cryptocurrency exchange Coinbase $3.6 million over its failure to obtain the necessary registration before offering its service to Dutch citizens. According to a statement issued by the DNB, on January 18, the bank imposed an administrative fine of $3.6 million, or 3.3 million euros, on Coinbase Europe Limited.