Important news for those who live in the Netherlands.
The exchange Bitcoinmeesters.nl posted that since today, 4th of September, deposits and withdrawals of the following “privacy coins” are no longer possible:
This is the result of new strict, over the top, Anti Money Laundering (AML) regulation being implemented, meaning soon other exchanges that operate in NL will follow. These regulations are clearly banana’s since for example Komodo is no longer a privacy coin. Only sub chains of Komodo can implement private transactions, not the main chain .
You can still buy and sell Grin via this exchange. However, this means that mining Grin or withdrawing Grin from exchanges without KYC, will soon be the best way in the Netherlands to buy and sell Grin to and from your local wallet.
Hopefully in due time these regulations will be modified since they are clearly out of wack.