Quantcast

AFM releases annex with sector-specific guidance for crypto-asset service providers

Bitcoin creator Satoshi Nakamoto is the world’s 11th richest person
Binance Launches TGE Bonding Curve with Four.Meme: Everything You Need to Know
Bernstein expects 'long and exhausting' crypto bull market with bitcoin to hit $200,000 by early 2026
Strategy bags another $472M in BTC as Bitcoin jumps to new highs
Bank of England puts a stop to stablecoins: here's why
UAE Golden Visa is ‘being developed independently‘ — TON Foundation
SEC Sets July Deadline for Solana (SOL) ETF Refilings, Clearing Path for Pre-October Approval
Robinhood's OpenAI-linked token drop triggers demand debate
US Secret Service cracks down on crypto scams
Donald Trump Signs His “One Big Beautiful Bill” Budget Law — What’s the Takeaway?
Crypto exchange OKX wants to go public on Wall Street
Federal Reserve removes 'reputational risk' from bank examinations in a 'win' against crypto debanking
India wants 30% of your crypto gains, but that’s not the worst part
This payment giant announces a stablecoin for 6 million merchants and 10,000 financial institutions
Bitcoin at $21 million by 2046? Michael Saylor revises his predictions upwards
JPMorgan files trademark application for JPMD, citing multiple blockchain use cases
Geopolitical tensions: Gold soars, Bitcoin hesitates
Bitcoin on the rise, towards a new ATH likely
Gemini, Coinbase expected to secure EU licenses under MiCA — Report
Justin Sun lance une Tron Treasury Company avec le soutien de la famille Trump
Negative Rates Return to Switzerland as U.S. Faces Higher Yields. What Does it Mean for Bitcoin?
300 million euros: The Blockchain Group continues to raise funds to accumulate as many Bitcoins as possible
Quintenz says CFTC will need more funding if tasked with broader crypto oversight
These cryptocurrencies are experiencing a massive price increase!
This project combining stablecoin and Bitcoin (BTC) raises $500 million in less than an hour
Hong Kong's OSL eyes Indonesia expansion with $15 million crypto exchange acquisition
FCA-registered BCP launches British pound stablecoin
Crypto: Ripple's RLUSD stablecoin will now also be used in the United Arab Emirates
Robinhood completes $200 million acquisition of crypto exchange Bitstamp
Changpeng Zhao offers a dark pool-style DEX for invisible crypto orders
AFM releases annex with sector-specific guidance for crypto-asset service providers
Web3/Crypto
Webp geest
Laura van Geest, chair of the Dutch Authority for the Financial Markets | LinkedIn

The Dutch Authority for the Financial Markets (AFM) has announced the preparation of an annex for crypto-asset service providers (CASPs), supplementing the Guideline on the Wwft and Sanctions Act 1977. This document outlines sector-specific areas of focus.

According to a news release, starting February 4, 2025, CASPs will be legally defined as financial institutions under the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft). This classification mandates that CASPs adhere to specific standards aimed at preventing financial crimes. These include implementing internal controls and administrative processes that align with both the Wwft and the Sanctions Act 1977.

In addition to national regulations, CASPs must also comply with the European Transfer of Funds Regulation (TFR), which introduces anti-money laundering and counter-terrorist financing obligations. A significant component of the TFR is the Travel Rule, which requires CASPs to include detailed transaction and sender/recipient information with each crypto-asset transfer. Guidelines from the European Banking Authority clarify how these requirements should be applied in practice.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

To assist CASPs in adhering to these laws, the AFM updated its Wwft and Sanctions Act 1977 guideline in June 2024 and released a specific annex for this sector. The annex outlines expectations and practical steps that CASPs should take to fulfill their legal duties—such as conducting risk assessments, designing internal procedures, monitoring clients, reporting unusual transactions, and ensuring compliance with international sanctions rules.

The AFM has been responsible for overseeing financial markets since March 1, 2002. It supervises various sectors including savings, investment, insurance, loans, pensions, capital markets, asset management, accountancy, and financial reporting. The AFM focuses on promoting fair and transparent markets through inspections, enforcement actions such as fines or warnings, or even withdrawing licenses when necessary.

Organizations Included in this History
More News

The Australian Securities and Investments Commission (ASIC) has issued a warning to investors regarding unlicensed crypto asset futures products offered by Bitget, as said in a public announcement.

Jul 29, 2025

Binance has announced an expansion of its institutional off-exchange settlement services, introducing support for two tokenized real-world assets, USYC and cUSDO, which can now be pledged as collateral.

Jul 28, 2025

Vitalik Buterin, co-founder of Ethereum, has said that approximately half of the network's stake supports an increase in the Ethereum Layer 1 (L1) gas limit.

Jul 28, 2025

Michael Saylor, executive chairman of Strategy, formerly known as MicroStrategy, announced on X that the company’s bitcoin holdings increased by 6,220 BTC, resulting in a year-to-date yield of 20.8 percent for 2025.

Jul 28, 2025

Changpeng Zhao, founder of Binance, indicated that interest in altcoins might be on the rise as CoinMarketCap's Alt Season Index shows an upward trend.

Jul 28, 2025

Charlie Bilello, chief market strategist of Creative Planning, said that gold and bitcoin lead all major asset classes in performance for 2025, marking a unique occurrence.

Jul 18, 2025