Binance, the world’s largest crypto exchange, has announced that its Polish platform will now serve Belgian customers. This move allows Binance to comply with Belgian regulations and continue providing services to users in the country. The change comes after Belgium’s Financial Services and Markets Authority ordered Binance to cease offering virtual currency services in the nation. Binance Poland, registered as a virtual assets service provider in Poland, will provide crypto exchange and custodian services to Belgian users. To continue trading on Binance, Belgians will need to accept the Terms of Use of Binance Poland and may need to resubmit some KYC documentation. Binance has faced regulatory pressure globally and has withdrawn applications or registrations in various European countries. However, it recently restored full services for its Japanese users after acquiring a Japan-registered exchange.
– Binance’s Polish platform will now serve Belgian customers
– The move allows Binance to comply with Belgian regulations
– The change comes after Belgium’s financial authority ordered Binance to cease offering virtual currency services
– Binance Poland, registered as a virtual assets service provider in Poland, will provide crypto exchange and custodian services to Belgian users
– Belgian users will need to accept the Terms of Use of Binance Poland and may need to resubmit KYC documentation
Binance’s decision to offer its services to Belgian clients through its Polish platform shows its commitment to complying with regulations. This move allows the exchange to continue serving its Belgian users while addressing the concerns raised by the country’s financial authority. Binance’s efforts to adapt to various regulatory environments demonstrate its dedication to long-term sustainability and growth in the crypto industry.
By
By
By
By