The Dutch Central Bank (DNB) has withdrawn its demands for "unlawful and onerous" user authentication criteria, according to Bitonic, a cryptocurrency exchange located in the Netherlands. The DNB placed a new set of conditions on crypto firms based in the Netherlands that wanted to become officially registered last November. Bitonic and other companies protested at the time that the new policies were "ineffective and disproportionate." "This means that the wallet verification steps will be removed as soon as possible".