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Alright, so first things first: **regulations**. The Netherlands, like many countries, is working to establish a clear framework for the crypto industry. This means that exchanges operating within the country or offering services to Dutch residents need to comply with specific rules and guidelines. The Dutch Central Bank (De Nederlandsche Bank or DNB) and other regulatory bodies are playing a key role in this. They are focused on things like anti-money laundering (AML) and combating the financing of terrorism (CFT). This is super important stuff, guys, because it helps protect both the users and the integrity of the financial system. For exchanges like KuCoin, this means they must register and meet certain requirements. The DNB is the primary regulator and issues licenses. Obtaining a license is no easy feat and involves rigorous due diligence and compliance checks.
