Amid the ongoing regulatory struggle in the crypto sector, De Nederlandsche Bank (DNB) has fined Crypto exchange Binance 3.3 million euros ($3.35 million) for offering services in the Netherlands without being registered. In August 2021, DNB had warned Binance of operating in the Netherlands without the required legal registration. However, the regulatory, moderated the fine by 5% today, as Binance has already submitted a registration application which is currently being processed