Dutch gov’t blocks US company’s acquisition to maintain digital ID sovereignty

The Netherlands has blocked the proposed acquisition of Solvinity , which plays a key role in the country’s national digital identity system, by U.S.-based Kyndryl . Solvinity holds a contract to provide the cloud infrastructure the Netherlands’ DigID runs on, which opposition political parties argued should be terminated if the acquisition was approved. Instead, the Bureau of Investment Review (BTI) recommended in its capacity as the enforcement body for the Insufficient Telecommunications Cont