The Netherlands is part of the eurozone and thus the DNB falls under the supervision and, to some degree, control of the European Central Bank (ECB). For example, the DNB cannot set its own interest rates. Interest rates are set by the ECB for the whole eurozone. That said, the DNB does have a seat at the table of the ECB and can thus influence its decision-making. [2]
Furthermore, the DNB has a role in regard to the Dutch crypto-industry. With the introduction of the 5th Anti-Money Laundering and Terrorist Financing Directive certain Virtual Asset Service Providers (VASPs) have to register with the DNB. Each VASP that allows customers to exchange fiat money for cryptocurrencies or that offers a custodial wallet has to register with the DNB. If they do not, they risk a hefty fine. [3]
Sources:
- De Nederlandsche Bank | Official website (EN)
- European Central Bank | Official website
- De Nederlansche Bank | Everything you should know about cryptos