Two types of providers of services involving virtual currencies must register with DNB. They are individuals, legal entities or companies providing one or both of the following:
- services for the exchange between virtual and fiduciary currencies
- custodian wallets. This means entities that provide services to safeguard private cryptographic keys on behalf of their customers, to hold, store and transfer virtual currencies.
The duty to register only applies to parties that provide these services in a professional capacity or on a commercial basis in or from the Netherlands.
This section of Open Book on Supervision provides you with relevant information about registration of crypto service providers. You will also find explanatory notes to the concepts and statutory provisions that are relevant to market access and registration for parties seeking to engage in these activities.
Crypto service providers must have applied for registration with DNB once the Act implementing the AMLD5 enters into force. They need to do so through the Digital Supervision Portal.
Note: we have prepared this information and any other information to which it refers on the basis of the wording of the proposed Act implementing amendments to the Fourth Anti-Money Laundering Directive of 1 July 2019. It is therefore subject to changes that may result from amendments adopted during parliamentary debates.