Binance: Will exit the Dutch market

ChainCatcher news, Binance announced that it will exit the Dutch market. Effective immediately, it will no longer accept new users residing in the Netherlands. Starting from July 17, 08:00 Beijing time, existing users residing in the Netherlands will only be able to withdraw assets from Binance; purchasing, trading, or depositing will no longer be available.

The announcement states that Binance, as a Virtual Asset Service Provider (VASP), has been making comprehensive registration applications to Dutch regulators but has failed to register as a VASP in the Netherlands. Binance will continue to strive to complete the VASP registration to provide products and services to Dutch users. (Source link)