Dutch Bitcoin exchange drags central bank to court over wallet KYC rule By Cointelegraph

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Dutch Bitcoin exchange drags central bank to court over wallet KYC rule

Dutch exchange platform, Bitonic, has filed a preliminary injunction at a Rotterdam court searching for the suspension of a wallet verification rule enacted by the central bank.

Back in November 2019, De Nederlandsche Bank, or DNB, mandated crypto exchanges to guarantee their customers adjust to stringent Know Your Customer protocols. These guidelines included verification steps for withdrawal wallets, which Bitonic known as a nuisance.