Crypto exchange Binance reopens exchange services in Belgium

📆 9/26/2023 2:31 AM
📰 Cointelegraph

⏱ Reading Time:
26 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Binance has resumed its services in Belgium three months after Belgium's financial regulator ordered Binance to cease cryptocurrency services over alleged violations of AML laws.

Belgium’s anti-money laundering and counter-terrorism financing laws for allegedly offering crypto-related services “from countries that are not members of the European Economic Area.”

It ordered Binance to cease all related services in Belgium “with immediate effect," and was required to contact all its Belgium-based clients and return all crypto and private keys the exchange held.— Binance’s Polish-registered arm, which it had registered as a virtual asset service provider in January.

Binance's statement did not discuss what changes were made to allow it to resume services for Belgian users. Cointelegraph has reached out to Binance and Belgium’s FSMA for comment.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coinbase secures AML registration from the Bank of SpainAccording to a recent statement, cryptocurrency exchange Coinbase has received approval from Spain's central bank to allow Spanish citizens to securely buy, sell, and trade crypto assets.
Source: Cointelegraph - 🏆 562. / 51 Read more »

MATIC Tokens were Misrepresented as Securities on Binance.USExplore the evolution of the MATIC token, originally from the Matic Network and now integral to the Polygon blockchain.
Source: hackernoon - 🏆 532. / 51 Read more »