I truly thought I had more time, the dutch are immensely disappointing. They literally are the first country implying the FATF stuff not to mention banning over 3000 cash transfers. They will come down hard on deribit. Simply awful news.
They're definitely not the first country to do this. There has been a general tightening across the world in regards to the use of cash, which is one of the reasons why governments are pushing towards cashlessness so that transactions are more easily tracked.
Thresholds on the amount of cash you can transact before you have to report your activities to regulatory bodies exist in the US, and most other western nations. The only thing that's changed is probably the quantity threshold being lowered.
It's probably a contributing factor for Localbitcoins closing down on in person cash trades as well, albeit that was in the EU. I would not be surprised if derivatives trading platforms get targeted next, though, it could really be anyone.
I wouldn't say it's disappointing - draconian regulations should be expected, and it's not the end of the world, especially given that decentralized exchanges and P2P trading are going to be the trend in the future, that simply can't be fully censored whatever the new regulations add to the difficulty to transacting.