The Dutch Ministry of Finance may require crypto companies in the country to pay high fees to maintain compliance

According to Crypto Briefing, as the EU's fifth anti-money laundering directive (AMLD5) was formally signed into law, some member states are going beyond the proposed scope. The Dutch Ministry of Finance has asked the central bank to help monitor the activity of the country's crypto industry and has tried to charge additional fees to Dutch crypto companies. It is reported that if the latest regulations become law, the Dutch crypto company will have to pay 34,000 euros per year to maintain compliance. This fee is higher than the fees charged by traditional trust and credit card companies and may kill many crypto companies in the country.