Under Dutch law, virtual currencies such as Bitcoin, Etherium, Litecoin and Neo currently do not qualify as financial products/securities under the Financial Supervision Act (Wet op het financieel toezicht). However, two groups are subject to a registration requirement with Dutch Central Bank (De Nederlandsche Bank):
These parties will have to comply with the anti-money laundering regulations as laid down in the Netherlands in the Money Laundering and Terrorist Financing (Prevention) Act, implementing the fifth anti-money laundering directive.
- Anyone who offers professional or business services in or from the Netherlands for exchanging virtual currency and fiduciary currency; and
- Anyone who offers professional or business custody wallets in or from the Netherlands.
These parties will have to comply with the anti-money laundering regulations as laid down in the Netherlands in the Money Laundering and Terrorist Financing (Prevention) Act, implementing the fifth anti-money laundering directive.