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After an order from the Belgian Financial Services and Markets Authority (FSMA), crypto exchange Binance announced its Poland entity would be providing services to residents of Belgium.In an Aug. 28 announcement, Binance said Binance Poland sp. z o.o. — an entity the exchange registered with Polish regulatory authorities in January
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Belgian customers will be put into “withdrawals-only” mode if they don’t agree to the terms of use for Binance Poland sp. z o.o., an entity registered within the European Union, and hence in the EEA, the company said in a message to clients which was briefly posted on its website
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to Belgium’s Financial Services and Markets Authority, Binance, the largest cryptocurrency exchange globally, has been found to provide services from non-European economic area countries. The regulator stated that individuals and companies operating in Belgium, but not
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The Belgian Financial Services and Markets Authority (FSMA) has ordered major cryptocurrency exchange Binance to stop offering crypto exchange and custody wallet services. In a June 23 notice, the FSMA said that by Binance offering crypto-related services “from countries that are not members of the European Economic Area,” the exchange was
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FSMA had “informed the public prosecutor of irregularities noted in regard to the former management” while assessing the company’s application under money-laundering rules, the statement said, adding that the company had been “forced to modify all its governance structures” as a result of the regulator’s findings. Source
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Belgian cryptocurrency trading platform Bit4You has suspended all operations, including withdrawals, amid an insolvency investigation of one of its key partners.Suite à cela, nous avons immédiatement entamé plusieurs démarches pour comprendre la nature et la portée de cette situation.En savoir plus - https://t.co/wg7iHqN9jt— Bit4you (@Bit4you1) April 26, 2023 The company explained
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Bit4You learnt of CoinLoan's insolvency on April 24 and that it no longer has the necessary registration as a digital asset custodian. Original Source
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The Belgian Financial Services and Markets Authority (FSMA) will have new powers to supervise virtual currency advertising when a new regulation comes into force on May 17. In preparation for its new role, the agency commissioned a survey of investors.The new regulation will have three aspects. First, it will require
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The Financial Services and Markets Authority will have to be notified of major ad campaigns, as a survey reveals crypto investors are often trying to get rich quick. Source
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Van Overtveldt represents the right-wing European Conservatives and Reformers, the fifth-largest political grouping in the Parliament, in the Economic and Monetary Affairs Committee. He was Belgium's finance minister from 2014 to 2018. The ECR says it's dedicated to "individual liberty .. private property ... limited government." Source
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