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Bitonic, the first cryptocurrency exchange to set up shop in the Netherlands, has asked a judge to suspend regulatory guidance that obligates firms to verify that the digital wallets of their clients, as well as the wallets of those with whom they transact, are not controlled by blacklisted parties. Representatives of Bitonic, one of only 17 cryptocurrency firms that the central bank of the Netherlands, or DNB, has authorized to operate in the country, told the Court of Rotterdam on Tuesday that the rule has no basis in law, unfairly burdens the industry, violates data protection rules and does not...