Finance ministry says no to extra funding for crypto regulation

The finance ministry has turned down several requests from the Dutch financial sector watchdog AFM for additional funding to monitor the crypto currency sector, the Financieele Dagblad reported on Monday. In addition, the ministry has placed limits on the contributions that the AFM can ask from the sector itself, the paper said, quoting government documents obtained using freedom of information legislation. The AFM says it needs additional funding to meet new responsibilities which derive from EU legislation on the crypto...