Belgium: FSMA investigation into Binance under the Law on the prevention of money laundering and terrorist financing
Progress
Current status
in force
23 Jun 2023 in force
Scope
Implementers
Belgium
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Issued FSMA ruling in investigation into Binance requiring to cease offering virtual currency services in Belgium
On 23 June 2023, the Financial Services and Markets Authority (FSMA) issued its ruling in the investigation into Binance, a cryptocurrency exchange platform, based on the Law on the prevention of money laundering and terrorist financing, requiring i…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
other regulatory body