Crypto Exchange OKX Hit With $2.6M Fine in Netherlands for Failing to Register With Dutch National Bank

Dutch regulators just dropped the hammer—OKX faces a hefty penalty for operating without proper authorization.
The Price of Non-Compliance
The Dutch National Bank slapped OKX with a $2.6 million fine for skipping mandatory registration. The exchange allegedly bypassed local regulatory requirements—a move that never ends well in tightly controlled jurisdictions.
Regulatory Pressure Mounts
Global crypto exchanges keep learning the hard way: ignore traditional finance rules at your own peril. While innovation charges ahead, regulators won't hesitate to defend their turf—especially when it involves protecting national financial systems.
Another reminder that in crypto, playing fast and loose with compliance often costs more than just legal fees—it burns credibility. But hey, what's a few million between disruptors?