Tags: Belgium

The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union.

This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining.

Binance Resumes Registration for Belgian Users After 2 Months Suspension

In June, Binance was ordered to halt its services in Belgium "with immediate effect," leading to the exchange redirecting Belgian users to its Binance Poland entity.

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches ‘World‘s 1st Blockchain-Based AI Creator Studio on Polygon‘

In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements.

The regulator said Binance must cease “with immediate effect” all crypto-related services in Belgium after being unable to provide sufficient information on its non-EEA companies.

Belgium: Burger Chain to Accept Crypto Pay – Is Adoption on the Rise?

Today in Crypto: Samsung Reportedly Partners with Bank of Korea on Offline CBDC Payments, G7 Discussing Crypto, China to Train 500,000 Blockchain Professionals

Belgium‘s regulator revealed details about crypto exchange Bit4You (fdecomite/Flickr)

Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators.

(Claudio Divizia/Shutterstock)

What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry?

The agreement with the Belgian market maker is part of Talos‘ ongoing expansion into Europe.

Crypto ads in Belgium will bear a blunt warning after a new regulation takes effect in May, and “mass” advertising campaigns will be subject to advance FSMA approval.

The Financial Services and Markets Authority will have to be notified of major ad campaigns, as a survey reveals crypto investors are often trying to get rich quick.

Members of the European Parliament have been discussing the impact of the failure of Silicon Valley Bank, Signature Bank, and Silvergate Bank on markets in its jurisdictions.

"Europeum" could safeguard values like privacy, Belgian digital minister Mathieu Michel told CoinDesk, as he seeks to make his country a blockchain hub.

Christophe De Beukelaer considers his experiment successful, as he raised awareness among the local lawmakers.