• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Treasury BV's Landmark Bitcoin Acquisition Backed by Winklevoss

    Treasury BV to Acquire 1,000 Bitcoins Backed by Winklevoss

    Bitcoin ETFs Draw $332M Influx Amid Price Boost

    Bitcoin ETFs Draw $332M Influx Amid Price Boost

    Bitcoin ETFs Register $332M Inflow, Boost BTC Price

    Bitcoin ETFs Register $332M Inflow, Boost BTC Price

    Bitcoin ETFs Gain $332M, Ethereum Sees Capital Shift

    Bitcoin ETFs Gain $332M, Ethereum Sees Capital Shift

    CIMG Inc. Completes $55M Bitcoin Purchase via Share Sale

    CIMG Inc. Completes $55M Bitcoin Purchase via Share Sale

    BlackRock Acquires $72.9 Million in BTC for Spot ETF

    BlackRock Acquires $72.9 Million in BTC for Spot ETF

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Ondo Finance Tokenizes U.S. Stocks on Ethereum

    Ondo Finance Tokenizes U.S. Stocks on Ethereum

    AlphaTON Rebrands to ATON, Launches $100M TON Strategy

    AlphaTON Rebrands to ATON, Launches $100M TON Strategy

    # Stellar Whisk Upgrade Promises Scalability Enhancements

    Stellar Whisk Upgrade Promises Scalability Enhancements

    REX-Osprey Converts Solana ETF to Include JitoSOL Staking

    REX-Osprey Alters Solana ETF for Direct Staking via JitoSOL

    Pi Network: Current Status and Market Speculations

    Pi Network Lacks Official DeFi Gaming Expansion Plans

    Trump's WLFI Token Burns Millions Post-Crash

    Trump’s WLFI Token Burns Millions Post Price Drop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Dutch Bank Fines OKX $2.6M for Registration Lapse

Solomon M. by Solomon M.
September 3, 2025
in Latest News
OKX Fined $2.6 Million by Dutch National Bank

OKX Fined $2.6 Million by Dutch National Bank

Key Points:
  • Cryptocurrency exchange OKX fined for missing registration.
  • The penalty amounts to $2.6 million.
  • OKX now complies with European regulations.
okx-fined-2-6-million-by-dutch-national-bank
OKX Fined $2.6 Million by Dutch National Bank

The Dutch National Bank has fined cryptocurrency exchange OKX €2.25 million for operating in the Netherlands without proper registration between July 2023 and August 2024.

MAGA

The penalty highlights the importance of regulatory compliance, aligning with EU’s standardization efforts, and hasn’t affected OKX’s market or customer operations, as confirmed by official statements.

The Dutch National Bank has imposed a $2.6 million fine on global crypto exchange OKX. The penalty stems from a lack of mandatory registration, with operations occurring between July 2023 and August 2024 before obtaining a MiCA license.

OKX, also known legally as Aux Cayes Fintech Co., operated without proper registration required by Dutch law since 2020. The company secured a full MiCA license in February 2025, addressing the compliance issue.

As a result of the penalty, no immediate financial or asset impact on OKX’s operations was observed. Users in the Netherlands were seamlessly migrated to the compliant European entity, ensuring continuity of services.

The penalty constitutes part of the broader EU effort to standardize crypto oversight amid growing regulatory scrutiny. Despite the fine, OKX’s customer services and funds reportedly were unaffected during resolution. “This fine relates to a legacy registration matter that has long since been remediated, with no impact on customers. We’re pleased to have resolved this matter and remain focused on building compliant, secure services across Europe and beyond,” said an OKX spokesperson in an official press communication.

Comparable fines have been imposed on other cryptocurrency exchanges, reinforcing the importance of compliance in the rapidly evolving sector. This aligns with previous actions, such as fines against Crypto.com and Kraken.

Long-term, this incident highlights the transition to a unified regulatory framework under the EU MiCA guidelines. A consistent regulatory approach may facilitate better market stability and operations for compliant exchanges across Europe.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Polymarket Gains CFTC Approval for U.S. Crypto Predictions

Solomon M.

Solomon M.

Related Posts

Polymarket Gains CFTC Approval for U.S. Crypto Predictions

Polymarket Gains CFTC Approval for U.S. Crypto Predictions

by Solomon M.
September 3, 2025

Polymarket receives CFTC approval to operate crypto prediction markets in the U.S.

CFTC Approves Polymarket for U.S. Crypto Market Operation

CFTC Approves Polymarket for U.S. Crypto Market Operation

by Solomon M.
September 3, 2025

CFTC allows Polymarket to operate a regulated crypto prediction platform in the U.S., marking a significant regulatory shift.

Federal Reserve Hosts Payments Innovation Conference on Crypto

Federal Reserve Hosts Payments Innovation Conference on Crypto

by Solomon M.
September 3, 2025

Federal Reserve's October conference will explore crypto, stablecoins, and financial innovation. Key speakers and topics focus on DeFi's integration into...

Surge in Crypto Vishing Scams Alarms Industry

Surge in Crypto Vishing Scams Alarms Industry

by Solomon M.
September 3, 2025

Recent spike in crypto vishing scams using AI deepfakes causes significant financial losses.

Crypto.com's CEO Predicts Boom with Fed Rate Cuts

Crypto.com’s CEO Predicts Boom with Fed Rate Cuts

by Solomon M.
September 3, 2025

Crypto.com's CEO forecasts soaring crypto markets in Q4 with anticipated Fed rate cuts.

Scott Bessent Starts Interviews for Federal Reserve Chair

Scott Bessent Starts Interviews for Federal Reserve Chair

by Solomon M.
September 3, 2025

Scott Bessent to interview candidates for Fed Chair, influencing US monetary policy direction.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.