Binance Reopens Crypto Exchange Services in Belgium

Binance has reopened its services in Belgium by resuming its registration for the country’s residents after a suspension for about three months, the crypto exchange giant announced yesterday (Monday).

“We are delighted to announce that as of today, new registrations of Belgian residents are welcome on our platform once again,” the tweet from Binance’s Belgian handle stated. “In addition, various Binance products and services are accessible again to Belgian users who have accepted our new Terms of Use.”

Great news for our Belgian community 🇧🇪

We’ve now reopened registrations and access to #Binance products and services in Belgium. https://t.co/IActiqYMjm

— Binance (@binance) September 25, 2023

Binance’s troubles in Belgium started following the local financial market regulator, the Financial Services and Markets Authority (FSMA), ordered the exchange
Exchange

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term in June to immediately suspend its services and return customers’ holdings.