2023-06-24 10:27:06
The Binance cryptocurrency platform will continue to “work in collaboration with Belgian regulators and around the world in compliance with its obligations”, she said on Saturday, following being summoned the day before by the market authority. financiers, to cease its activities in Belgium.
The Financial Markets Authority (FSMA) has found that Binance offers and provides exchange services between virtual currencies and legal currencies in Belgium as well as custody wallet services from countries that are not members of the European Economic Area. The practice is prohibited and the FSMA therefore orders Binance to cease with immediate effect all provision of such services in Belgium.
Binance expressed disappointment with such a decision, while “discussions were ongoing”. “We are reviewing the details of this notification and will continue to work with regulators in Belgium and around the world to meet our obligations,” Binance said.
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