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.
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 c...
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
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 en...
Crypto exchange Binance reopens exchange services in Belgium
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 ...
Binance says it ‘continues to serve’ Belgian users via Poland entity
The regulator said Binance must cease “with immediate effect” all crypto-related services in Belgium after being unable to provide sufficient information on its...
Belgian financial regulator orders Binance to cease all virtual currency services
Bit4You suspended operations on April 26 amid a CoinLoan insolvency investigation by Estonian regulators.
Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity
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?
What’s next for EU’s crypto industry as European Parliament passes MiCA?
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 app...
Belgian FSMA surveys crypto investors before taking on new ad regulation authority
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 their...
‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister