News & Insights

The following article is an excerpt from the book Everything Transaction. Facebook caused quite a stir back in 2019 when it announced plans to launch a global cryptocurrency called Libra. But gradually everything went quiet and it now seems that the project has been scrapped completely. What went wrong?On 18 June 2019, Facebook ...

There have so far been two major ‘phases’ of the internet, which are now retrospectively referred to as Web 1.0 and Web 2.0. Opinions differ on the precise beginning and end of these two phases, so the periods are not clearly defined – and the burgeoning Web 3.0 phase is no different.  The first two phases of the internetAlthough the...

The crypto evolution – or is it a revolution? – is challenging the status quo of...

The EU’s fifth Anti Money Laundering Directive (AMLD5) urged the adjustment of the implementation rules of the Wwft (the Dutch Prevention of Money Laundering and Terrorist Financing Act)[1]. In this context, the Wwft has been amended accordingly. The new legislation has come into effect in the Netherlands on 21 May this year.As highlighte...

The EU’s fifth Anti Money Laundering Directive (AMLD5) comes into force in all Member States on 10 January 2020. This latest version of the directive broadens its regulatory scope by including two types of crypto service providers (CSP): virtual-fiat exchanges and custodian wallet providers. The main driver behind this regulatory update i...