OKX launches crypto trading platform and wallet in Belgium
OKX’s services in Belgium are offered through an EU-regulated entity as the exchange doesn’t have dedicated regulatory approval in the country. Go to Source
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Surge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud
The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams. Nearly half of the 1,332 consumer reports received in the first half of 2024 pertained to these scams, reflecting a 44% increase from the same … Read more
Belgium seeks to reboot the EU blockchain infrastructure project
The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council. Go to Source
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
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 crypto mining. Go to Source
Binance says it ‘continues to serve’ Belgian users via Poland entity
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 CFT requirements. Go to Source
Belgian financial regulator orders Binance to cease all virtual currency services
The regulator said Binance must cease “with immediate effect” all crypto-related services in Belgium after being unable to provide sufficient information on its non-EEA companies. Go to Source Powered by WPeMatico
Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity
Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators. Go to Source Powered by WPeMatico
What’s next for EU’s crypto industry as European Parliament passes MiCA?
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? Go to Source Powered by WPeMatico
Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro
According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims … Read more
Terraform Labs CEO Do Kwon Faces Extradition to South Korea
According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the Terra co-founder faces extradition to South Korea. Montenegro Police’s Account of the Falsified Travel Documents Found … Read more
