Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers

GokuMarket Exchange
GokuMarket
Published in
May 6, 2022

๐Ÿ“ฃ #Belgium Introduces Registration for #CryptoExchange and #Wallet Service Providers

๐Ÿ‘‰ Authorities in Belgium have obliged providers of some #crypto exchange and wallet services to register with the countryโ€™s financial watchdog.

๐Ÿ‘‰ Targeted platforms that fail to comply with the new regulations will face fines, among other penalties, including prohibition to carry out their respective activities.

๐Ÿ‘‰ The #FSMA notes that by exchange service providers it means entities carrying out purchase or sale transactions using own capital.

๐Ÿ‘‰ Platforms that serve as intermediaries in transactions between a client and a third party are not targeted with the new rules.

Learn moreโ€ฆ๐Ÿ‘‡

https://linktr.ee/gokumarket

#GokuMarket #BlockchainEconomy #RegulateCrypto #Blockchain #Watchdog #Exchange #Ecommerce

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