Binance Relaunches Services in Belgium After Temporary Halt

11:52 pm
September 25, 2023

Binance, the world’s largest cryptocurrency exchange, has announced that it is reopening customer registrations and allowing access to its products and services in Belgium. This comes after the exchange temporarily halted operations in the country and redirected customers to Binance Poland, following a warning from the market regulator. To access the platform, Belgian customers must accept the new Terms of Use.

According to CoinJournal, Binance made the decision to provide services through its Polish entity in order to focus on its regulatory compliance process in Belgium. Despite facing regulatory challenges in various markets and a lawsuit from the US Securities and Exchange Commission, Binance continues to make adjustments and expand its services.

FAQs

Why did Binance halt operations in Belgium?

Binance halted operations in Belgium after receiving a warning from the market regulator, prompting the exchange to redirect customers to Binance Poland temporarily.

Why is Binance reopening in Belgium now?

After temporarily halting operations, Binance has resolved the regulatory compliance issues in Belgium and is now reopening its services in the country.

What do Belgian customers need to do to access Binance’s services?

Belgian customers will need to accept the new Terms of Use in order to access Binance’s products and services.

Summary

Binance, the world’s largest cryptocurrency exchange, has reopened registrations and resumed its services in Belgium. After temporarily halting operations and redirecting customers to Binance Poland, Binance has resolved the regulatory compliance issues in Belgium and is now allowing access to its products and services. Belgian customers will need to accept the new Terms of Use in order to use the platform. Despite facing regulatory challenges in other markets, Binance continues to make adjustments and expand its services.


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