Breaking: Coinbase Fined $3.6 Million For Operating In This Nation

Coinbase, the leading cryptocurrency exchange based in the United States, just got hit with a penalty of 3.3 million euros ($3.6 million) by the Dutch central bank (DNB) for failing to get the appropriate registration before providing crypto services in the Netherlands. The DNB stated that it had taken into account the fact that Coinbase was one of the largest corporations dealing in cryptocurrencies and had a substantial number of customers in the northwestern European country.