The Belgian Monetary Companies and Markets Authority (FSMA) has ordered main cryptocurrency alternate Binance to cease providing crypto alternate and custodial pockets providers.
In a discover dated June 23, the FSMA stated that by providing crypto-related providers by means of Binance “from nations that aren’t members of the European Financial Space”, the alternate violated Belgium’s anti-money laundering and anti-money laundering legal guidelines financing of terrorism. The monetary regulator stated Binance should stop “with fast impact” all associated providers in Belgium.
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