Register of crypto service providers
Below we will tell you exactly what a crypto service provider does. And what you can find in this register. Finally, we will explain how you can search the register.
What does a crypto service provider do?
There are two types of crypto services. Firstly, crypto service providers can exchange money – such as euros and dollars – for virtual currencies (cryptos) such as bitcoin, ether and libra. Secondly, crypto service providers can offer customers a custodial wallet for storing such currencies. DNB only checks whether crypto service providers comply with the Anti-Money Laundering and Anti-Terrorist Financing Act and the Sanctions Act 1977. This means that we do not supervise, for example, financial business risks. The Dutch Authority for the Financial Markets (AFM) does not supervise crypto service providers. This means there is no specific consumer protection for crypto services. There is, however, general consumer protection. Read more about the supervision of crypto service providers here.
What can you find in the register?
Crypto service providers wishing to operate in or from the Netherlands must apply for registration with DNB. They must be able to demonstrate that they comply with the two laws mentioned above to be included in the register.
How do you search the register?
In the first box, select a financial service. In the second box, type the name of an institution or part of the name, and click ‘Search’. You can also leave this box empty to get the complete list. Clicking on a search result will take you to a detail page with more information about the crypto service provider.