As they are wont to do, Binance set up shop in the Netherlands without getting permission from the country’s regulators. However, after being warned and then fined €3.3 million (~$3.35 million) in January, they apparently finally decided it was time to try to comply with requirements.Sadly for them, they were unable to obtain a VASP registration in the country, and their “many alternative avenues to service Dutch residents in compliance with Dutch regulations” didn’t pan out either. They announced that, effective immediately, they would no longer be accepting new customers from the region. Existing customers in the country will soon be only able to withdraw assets, and will not be able to purchase assets or trade on the platform.