Category: Dutch
-
KCB to offer financial services to Dutch firms
•
KCB Group has signed a deal to provide diversified financial services to Dutch companies entering the Kenyan market in a major boost for the country’s largest bank. On Wednesday, KCB Group signed a memorandum of understanding with Dutch company Invest International to establish the Dutch office. “The new platform will…
-
Dutch brewer wins tussle with Kenyan distributor
•
The Court of Appeal has dismissed an appeal by Jovet (Kenya) Limited in a long-running legal dispute with a Dutch brewer, Bavaria NV, over a terminated distribution agreement. The decision upholds a previous ruling issued by the Supreme Court, which ruled that there was no valid contractual relationship between the…
-
Dutch airline KLM will do ‘everything’ it can to protect jobs in cost-cutting drive
•
Dutch airline KLM announced on Thursday a comprehensive package of “aggressive” cost-cutting measures that it hopes will lead to an increase in operating profits of about 450 million euros ($496 million) “in the short term.” There was no specific mention of job cuts, but the company pledged to “explore options…
-
China says “dissatisfied” with new Dutch export controls on ASML chipmaking tools By Reuters
•
BEIJING (Reuters) – China is “not satisfied” with the Dutch government’s decision to expand export controls on chipmaking equipment from ASML, the commerce ministry said in a statement on Sunday. The Dutch government said on Friday it will expand export licensing requirements for ASML’s DUV (deep ultraviolet) 1970i and 1980i…
-
Implications for ASML as the Dutch government takes a tougher stance on China By Investing.com
•
The Dutch government has reportedly imposed new restrictions on ASML’s (AS:) ability to maintain and supply spare parts for its advanced deep ultraviolet (DUV) equipment in China. However, analysts from JPMorgan and Wells Fargo suggest the impact on ASML’s overall earnings could be limited. The Dutch government is preparing to…
-
Implications for ASML as the Dutch government takes a tougher stance on China By Investing.com
•
The Dutch government has reportedly imposed new restrictions on ASML’s (AS:) ability to maintain and supply spare parts for its advanced deep ultraviolet (DUV) equipment in China. However, analysts from JPMorgan and Wells Fargo suggest the impact on ASML’s overall earnings could be limited. The Dutch government is preparing to…
-
No Bail For Tornado Cash Dev Alexey Pertsev, Dutch Court Rules
•
The ongoing legal dispute over the Tornado Cash cryptocurrency mixer has put the blockchain sector on alert as developers consider the troubling consequences of assigning programmers responsibility for the use of their software by others. Pertsev’s Dilemma At the center of the storm is Alexei Pertsev, a 31-year-old Russian developer…
-
Tornado Cash developer appeals verdict, KOLs slam Dutch system
•
Tornado Cash developer Alexei Burtsev has reportedly appealed the conviction in the Netherlands, a case that has sparked a broader discourse about cryptocurrency privacy. Burtsev and his legal team, led by attorney Keith Cheng, have reportedly filed an appeal against the 64-month prison sentence for allegedly facilitating more than $2.2…
-
Developing Financial Privacy Tools Was Today Criminalized by the Dutch Court
•
In the Netherlands, open source software developers are now responsible for how their software is used. Today a Dutch court convicted Alexei Burtsev, a 31-year-old Russian citizen living in the Netherlands and one of the developers of the Ethereum-based privacy tool Tornado Cash, of money laundering: he was sentenced to…
-
Dutch Authorities Arrest Suspect, Seize $12.2M In Crypto Assets
•
The Zkasino scam was such a success that Dutch authorities arrested a suspect and confiscated assets worth $12.2 million. The cryptocurrency industry has seen its fair share of scams and fraudulent activities, as projects promising high returns and quick profits often turn into complex schemes to deceive unsuspecting investors. One…
-
Binance Assists Dutch Authorities in Exposing $30M Online Fraud
•
Dutch media outlet NOS reported that Binance assisted Dutch authorities in an investigation that led to the seizure of assets worth millions of euros and the arrest of a 26-year-old man on suspicion of online fraud. Grab luxury cars and cryptocurrencies Dutch authorities, along with the Tax Investigation and Financial…