Binance ordered by Belgian regulator to suspend crypto services
According to Belgium’s Financial Services and Markets Authority, Binance, the largest cryptocurrency exchange globally, has been found to provide services from non-European economic area countries. The regulator stated that individuals and companies operating in Belgium, but not belonging to the European economic area, are prohibited from offering exchange services between virtual currencies and legal currencies, as well as custody wallet services. JUST IN: Belgium order s #Binance to cease crypto service s in the country. — Watcher.Guru (@WatcherGuru) June 23, 2023 An order for Binance Belgium’s Financial Services and Markets Authority (FSMA) has reportedly issued an order for Binance, the leading cryptocurrency exchange, to halt all virtual currency services within the country. According to the regulator’s statement, the FSMA alleged that Binance was providing exchange services between virtual currencies and legal currencies, as well as custody wallet...