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The Dutch central bank disclosed a €2.3 million penalty Wednesday against Bybit, a cryptocurrency exchange in Dubai, for serving customers in the Netherlands from October 2020 to September 2023 without authorization. In a 39-page notice, De Nederlandsche Bank, or DNB, revealed that the United Arab Emirates-based virtual asset service platform incurred the penalty on Oct. 22 after failing to register for anti-money laundering purposes during the three years in question. Exchanges seeking to operate in the Netherlands have had to register with the regulator since May 2020. According to the notice, Bybit falls under AML supervision in Cyprus, the UAE...