News Explorer — Binance Ordered to Cease Services in Belgium

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Jun 23, 4:50 pm

Coindesk

Binance Ordered to Cease Services in Belgium

The Financial Services and Markets Authority (FSMA) of Belgium has issued a notice ordering crypto exchange Binance to immediately stop providing services to local customers. The FSMA has stated that Binance is in violation of a prohibition by offering and providing exchange services between virtual currencies and legal currencies, as well as custody wallet services, from countries that are not members of the European Economic Area.

The Financial Services and Markets Authority (FSMA) of Belgium has issued a notice ordering crypto exchange Binance to immediately stop providing services to local customers. The FSMA has stated that Binance is in violation of a prohibition by offering and providing exchange services between virtual currencies and legal currencies, as well as custody wallet services, from countries that are not members of the European Economic Area.

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