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The Belgian government has announced plans to expedite the development of a European blockchain infrastructure during its EU Council presidency in early 2024. The proposal aims to enhance the secure management and storage of official documents, including driving licenses and property deeds. In a statement on Nov. 21, Mathieu Michel, Belgium’s Secretary
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Belgium plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council in early 2024, according to the goveernm. The proposal aims to facilitate the secure storage of official documents like driving licenses and property titles. The development of public blockchain for the pan-EU infrastructure
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The U.S.-based crypto exchange Kraken is launching its offerings in Belgium utilizing its EU subsidiary. Crypto exchange Kraken opens its doors to Belgium as part of its commitment to double down on its European presence. In a blog post on Nov. 7, the San Francisco-based crypto exchange said the move was made
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The world’s top cryptocurrency exchange, Binance, is coming back to Belgium following recent regulatory trouble. Binance announced today, Sept. 25, that the company resumed offering its services in Belgium. The announcement follows the Belgium Financial Services and Markets Authority’s order to halt the exchange’s services in late June. We are delighted to
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In June the exchange was ordered by the Financial Services and Markets Authority to stop serving Belgium clients. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, a cryptocurrency exchange, will reportedly halt the trading of privacy-centric coins like Monero (XMR) in Belgium. In a screenshot circulated on X, the exchange cited adherence to local laws as the primary reason. A Binance
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The Financial Services and Markets Authority (FSMA) said Binance is "offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are not members of the European Economic Area," which the regulator says is in violation of a prohibition. Source
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Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA: Securities Laws Do Not Apply to Bitcoin
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Belgium’s financial regulatory body has confirmed its position that Bitcoin (BTC), Ether (ETH) and other cryptocurrencies that are issued solely by computer code do not constitute securities.The explanation came from Belgium's Financial Services and Markets Authority (FSMA) in a Nov. 22 report, a draft of which was opened for comment
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“While awaiting a harmonized European approach, the FSMA wishes to provide clarity about when crypto-assets may be considered to be securities, investment instruments or financial instruments and may therefore fall within the scope of the prospectus legislation and/or the MiFID conduct of business rules,” said the regulator. Source
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