Netherlands to take tougher stance against cryptocurrency scammers

The Netherlands is planning to toughen up its stance against cryptocurrency scammers and other forms of fraud involving new-age payment methods such as banking apps and Tikkie. To prevent financial crimes and growing threats to the country’s monetary system, the Netherlands is stepping up measures to discourage people from committing fraud. Earlier this year, it was reported that Dutch investors have lost up to two million US dollars ($1.9 million) in fake celebrity Bitcoin scams that crop up on social media. Thus, last month, the Dutch court demanded that the social media giant Facebook takes down false and deceptive cryptocurrency