Dutch Crypto Startups Brawl With Regulators About Scope of EU Income Laundering Rule

    Banking compliance consultant Simon Lelieveldt, who has worked for the DNB and as a Dutch economic historian, reported the two entities are attempting to be proactive and not repeat previous errors. Regulators are less than pressure from critics who say lax oversight, notably regarding the Netherlands greatest financial institution, ING, led to the 2008 collapse. ING gained a €10 billion governing administration bailout, an total it finally paid out again with interest.