Fine

<p>The post <a href="https://coinpedia.org/crypto-live-news/crypto-com-appeals-to-3-1m-fine-by-dnb-over-operating-without-registration/">Crypto.com Appeals to $3.1M Fine by DNB Over Operating Without Registration</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The fine was imposed on Foris DAX MT Limited (DAX MT), which runs Crypto.com, for operating in the Netherlands without registration and faced a $3.1 million fine from the Dutch central bank. The reasons were many, including offering services to a significant number of customers in the Netherlands and not paying supervisory fees.The platform is now registered with DNB. The base fine was 2 million euros, which has been increased due to the severity and persistence of&nbsp; non-compliance. The company, disappointed with DNB’s decision, is actively appealing for it. DNB has previously imposed hefty fines on Binance and Coinbase, for operating without registration.</p>

Crypto.com Appeals to $3.1M Fine by DNB Over Operating Without Registration

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