After National Financial Services and Market Authority (FSMA) told Binance, in June, to stop serving Belgian customers from outside the European bloc, the company found a new way to keep the transactions going.
Belgian customers will now be routed via a Polish entity to escape that effort by regulators to chase the crypto company out of Belgium, the company said. Belgian customers will be put into “withdrawals-only” mode if they don’t agree to the terms of use for Binance Poland, an entity registered within the European Union.
SOURCE: Coin Desk
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Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
