in June to Binance in belgium It was ordered to immediately discontinue its services, leading the exchange to redirect Belgian users to Binance’s Polish unit.
Cryptocurrency Exchange Binance Relaunches Exchange Services in Belgium
Crypto exchange Binance has reopened registration and access to its services for Belgian crypto users, three months after Belgium’s financial regulator ordered the exchange to cease cryptocurrency-related services.
“New registrations of Belgian residents are once again welcomed to our platform,” Binance said in a post on X.
Binance said that various Binance products and services will become accessible again to Belgian users who accept the new Terms of Use.
Great news for our Belgian community 🇧🇪
We’ve now reopened registrations and access to #Binance products and services in Belgium. https://t.co/IActiqYMjm
— Binance (@binance) September 25, 2023
On June 23, the Belgian Financial Services and Markets Authority accused Binance of violating Belgium’s money laundering and counter-terrorism financing laws for allegedly offering crypto-related services from “countries that are not members of the European Economic Area.”
The court ordered Binance to discontinue all relevant services in Belgium “with immediate effect” and required it to contact all its customers based in Belgium and return all crypto and private keys in the exchange’s possession.
Binance’s statement did not specify what changes were made to allow it to continue services for Belgian users.
*This is not investment advice.
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