Is Bitladon registered with De Nederlandse Bank - DNB?
Bitladon has been registered at De Nederlandsche Bank – DNB since November 17, 2020. This means they are an official cryptocurrency provider. By taking these steps, Bitladon is moving forward in terms of regulation and integration. This way Bitladon is raising the bar for the entire (Dutch) crypto industry and hopes that the legitimacy will attract new investors to the crypto markets.
Do I need to verify my Bitladon account?
The new crypto laws and regulations, that have been in effect since 21th May of 2020, insist that companies who allow buying, selling and storing of crypto currencies must register with the Dutch Central Bank. Bitladon has registered itself and may continue to facilitate crypto transactions and the storage of crypto currency. This will also mean that customers must provide full identity verification, also known as KYC.
This one-time identity verification can be done with a selfie and a note of todays date written on it. Once approved, users will have a weekly limit of €100,000 If you want a limit that exceeds 100k please contact their customer support.