Netherlands (Kingdom of the) Stablecoin Regulation
Stage: Live
Regulator: De Nederlandsche Bank (DNB); Dutch Authority for the Financial Markets (AFM)
The Netherlands previously required crypto service providers to register under the Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft), enforced by De Nederlandsche Bank (DNB). Since June 2024, the country applies EU MiCAR, which regulates stablecoins (EMTs/ARTs) with strict reserve, licensing, and disclosure requirements. The Netherlands is known for strict supervision of VASPs and stablecoin issuers.