June 16 (Cointime) - Binance, the world's largest cryptocurrency exchange, is exiting the Dutch market as it failed to obtain a virtual asset service provider (VASP) license from the Dutch regulator. From July 17, Dutch residents will only be able to withdraw their funds from the platform. Binance has been in a registration application process as a VASP with the regulator, but alternative avenues to comply with Dutch regulations have not resulted in a VASP registration. Existing Dutch resident users will receive an email with information about their accounts and any necessary steps to take.
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