Recently awarded by the regulator local cease his crypto offer at Belgium, Binance announces that it now serves Belgian users via sa subsidiary Binance Poland.
At the end of June, the FMSA ordered Binance to “immediately cease offering any services related to virtual currencies” in the country. The Belgian regulator stated that the exchange was offering crypto services “from countries outside the European Economic Area”.
About 2 months later, Binance now indicates that its Polish subsidiary is the entity that provides Binance services to Belgian residents. “By doing so, Binance ensures that it complies with its regulatory obligations and can continue to provide services to Belgian users,” the exchange wrote in a statement on Monday.
We were unable to confirm your registration.
You will receive an e-mail to confirm your registration (If you do not receive an e-mail, please check your spam folder).
According to the announcement, customers based in Belgium must accept Binance Poland terms of use to use the platform and, in some cases, undergo a new KYC check.
Binance will be able to continue to serve Belgian users in compliance with local regulatory requirements. Binance Poland is able to provide cryptocurrency exchange and custody services in accordance with its registration as a Virtual Asset Service Provider (VASP) in Poland,” the crypto-trading giant concluded.
Binance today faces numerous legal and financial challenges in Europe and the United States. The native token of the crypto exchange, BNBrecently hit a one-year low.
Follow RoyalsBlue.com on TwitterLinkedin, Facebook or Telegram for nothing miss.
The Best Online Bookmakers September 25 2023
 Bonus$1,000 |
Kraken’s crypto provider Bit Trade sued in Australia
Distribution of 50 million ARB to upcoming Arbitrum projects
Circle USDC now on Polkadot Asset Hub
The SEC will spare no one: exchanges, brokers, DeFi warned
Fuze raises $14M to put Middle Eastern banks on crypto