{"id":76023,"date":"2023-03-22T18:43:32","date_gmt":"2023-03-22T16:43:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76023"},"modified":"2025-09-10T14:59:05","modified_gmt":"2025-09-10T11:59:05","slug":"dutch-central-bank-calls-for-regulation-of-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/dutch-central-bank-calls-for-regulation-of-cryptocurrencies\/","title":{"rendered":"Dutch central bank calls for regulation of cryptocurrencies"},"content":{"rendered":"<p>While it might be an &#8216;attractive option&#8217; to let the crypto industry crash, it won&#8217;t go away, despite difficult market conditions. This view was expressed by Stephen Maijoor, a member of the Executive Board of the Dutch central bank, reports <a href=\"https:\/\/www.theblock.co\/post\/221641\/letting-crypto-burn-is-an-attractive-option-dutch-central-banker-says\">The Block<\/a>.<\/p>\n<p>According to him, representatives of the traditional financial sector and consumers are showing interest in digital assets. This makes the creation of a regulatory framework necessary, Maijoor noted.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abCryptocurrency won\u2019t go away, and regulators must pave the way for oversight of the sector\u00bb,<\/p>\n<\/blockquote>\n<p>The official added that despite the measures being taken to regulate the industry, in the coming years digital assets will not shed their high-risk status.<\/p>\n<p>Maijoor also chairs the Crypto Assets Working Group of the Financial Stability Board (FSB) at the G20. In December 2022 the advisory body <a href=\"https:\/\/forklog.com\/en\/news\/financial-stability-board-to-tighten-crypto-regulation\">announced<\/a> a tightening of the regulatory framework in the wake of <a href=\"https:\/\/forklog.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">the collapse of FTX<\/a>.<\/p>\n<p>Previously the FSB<a href=\"https:\/\/forklog.com\/en\/news\/g20-regulator-flags-instability-in-stablecoins\">concluded<\/a> that none of the existing stablecoins meets the standards set for digital assets by the central banks of the world&#8217;s largest economies.<\/p>\n<p>Back in March 2023, the Netherlands Authority for the Financial Markets said it would <a href=\"https:\/\/forklog.com\/en\/news\/netherlands-signals-tough-stance-on-mica-enforcement\">take a hard line<\/a> on ensuring compliance with the EU&#8217;s new crypto-asset rules.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While it might be an &#8216;attractive option&#8217; to let the crypto industry crash, it won&#8217;t go away, despite difficult market conditions.<\/p>\n","protected":false},"author":1,"featured_media":76024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[718,36],"class_list":["post-76023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-netherlands","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=76023"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76023\/revisions"}],"predecessor-version":[{"id":76025,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76023\/revisions\/76025"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/76024"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=76023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=76023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=76023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}