Belgium: Issued FSMA ruling in investigation into Binance requiring to cease offering virtual currency services in Belgium
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body