Crypto Exchange Binance Restarts in Belgium Three Months After FSMA Order to Halt

Crypto exchange Binance has reopened registrations and access to products and services in Belgium three months after the Financial Services and Markets Authority (FSMA) ordered it to stop providing services in the country.

"Various Binance products and services are accessible again to Belgian users who have accepted our new Terms of Use," the company said in a tweet on Monday.

In June, the FSMA ordered the exchange to stop serving Belgium clients, saying it was providing services from outside the European Economic Area and this was in violation of a prohibition. Last month, the company said it will serve its users in the country from its Polish entity, Binance Poland.

Edited by Sheldon Reback.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Consensus

29

19

02

45

Binance Restarts in Belgium Three Months After Order to Stop

In June, the exchange was told to stop serving Belgian clients by the Financial Services and Markets Authority.

10 Years of Decentralizing the Future