Belgian financial regulator orders Binance to cease all virtual currency services By Cointelegraph
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The Belgian Financial Services and Markets Authority (FSMA) has ordered major cryptocurrency exchange Binance to stop offering crypto exchange and custody wallet services.
In a June 23 notice, the FSMA said that by Binance offering crypto-related services “from countries that are not members of the European Economic Area,” the exchange was violating Belgian laws on Anti-Money Laundering and Combating the Financing of Terrorism. The financial regulator said Binance must cease “with immediate effect” all related services in Belgium.
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The Belgian Financial Services and Markets Authority (FSMA) has ordered major cryptocurrency exchange Binance to stop offering crypto exchange and custody wallet services.
In a June 23 notice, the FSMA said that by Binance offering crypto-related services “from countries that are not members of the European Economic Area,” the exchange was violating Belgian laws on Anti-Money Laundering and Combating the Financing of Terrorism. The financial regulator said Binance must cease “with immediate effect” all related services in Belgium.
Continue Reading on Coin Telegraph
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