Belgium’s Financial Services and Markets Authority (FSMA) has updated its crypto-related fraud blacklist to include a new total of 113 sites.
Belgium News
The Kingdom of Belgium is a western European country with 30,500 square kilometers of area and a population of more than 11 million people. Belgium has a very productive labor force and developed economy that is highly integrated into the rest of Europe. Belgium has one of the largest GDP per capita, strong scientific work and fintech sector. Belgium has no Bitcoin restrictions. Belgian authorities do not consider Bitcoin to be a threat to the economic stability of the country and therefore it does not require specific regulations. However, Belgium’s Bitcoin exchanges — as any financial institution — work under the regulations of Anti-Money Laundering and Know Your Customer policies. Belgium has Bitcoin taxes, at 33 percent on any cryptocurrency income. Belgian authorities proposed legislation for cryptocurrency transactions control, but Brussels is yet to announce any implementation of it.
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An 80 percent stake in crypto exchange Bitstamp has been acquired by Belgium-based investment firm NXMH in an “all cash deal.”
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by Helen Partz
The UK-based industry body RFI Foundation plans to develop a blockchain tool to track firms’ sustainable commitments.
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by Helen Partz
A subsidiary of Abu Dhabi Ports has launched an international blockchain pilot with the Port of Antwerp.
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Ahead of an informal meeting of E.U. ministers, a report from a Belgian think tank calls for uniform regulations on cryptocurrency exchanges and Initial Coin Of...
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Belgium’s financial watchdog has added 28 new sites to its crypto-related fraud blacklist, noting that investors continue to fall victim to crypto scams.
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by Helen Partz
The Belgium Federal Public Service Economy has launched a website to raise awareness of the potential risks of crypto investments.
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The government of Belgium has made a financial contribution to a project which uses Blockchain technology to distribute funds to refugees in Jordan.
- Follow up
When allegations of fraud and money laundering were leveled at Bitfinex, they denied it, but how much of a link was there to start?
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by Helen Partz
Japanese multinational IT company Fujitsu has opened a research center in Belgium to explore and apply Blockchain in “sectors of all kinds”.
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The Belgian tax authority has said it will begin looking for Belgian tax payers that use foreign crypto exchanges to enforce their tax obligations.
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