Knaken Crypto Exchange Goes Dark

Rotterdam’s crypto exchange Knaken has vanished overnight, leaving users locked out and wondering when—or if—they’ll ever see their funds again. The shutdown follows failure to comply with new EU MiCA regulations, which require Dutch crypto firms to hold an AFM license by July 1. Knaken, already under regulatory pressure and showing financial strain, didn’t secure the necessary license. While the AFM won’t comment due to confidentiality, the move signals a broader crackdown on unlicensed platforms, with several Dutch crypto brokers already folding or being acquired under the new rules. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/af27cb9b25baa4c3