đ¨ Crypto News Flash đ¨
The Dutch finance ministry has denied requests for extra funding to monitor the crypto sector amid new EU regulations. The Authority for the Financial Markets (AFM) sought more resources to manage responsibilities under MiCa, but the ministry deemed it "politically unachievable" and prefers minimal regulation.
- AFM argues more funds are crucial for effective supervision.
- Ministry less concerned about crypto fraud, highlighting a priority clash.
- Netherlands cautious on crypto, fining exchanges for non-compliance.
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