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Cryptocurrency firms in the Netherlands no longer have to ensure that the stated counterparty of any external payment to or from their clients actually owns the wallet in question after Bitonic, the country's first Bitcoin exchange, successfully challenged the policy. The central bank of the Netherlands, De Nederlandsche Bank, or DNB, rolled out the transaction-screening requirement in September as a prerequisite for cryptocurrency firms to register, arguing that wallet addresses comprise little more than a relatively anonymous numerical code that blacklisted parties can use to move funds. DNB quietly amended the guidance behind the policy Wednesday after finding that a...