Belgium Orders Binance to Stop Operating in the Nation
- Nation joins other countries taking action against Binance
- Cryptographic keys, tokens should go to clients, agency says
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Belgian authorities ordered Binance to cease operations in the country, joining a growing roster of European and US regulators to act against the world’s largest crypto exchange.
Belgium’s Financial Services and Markets Authority said that Binance is providing trading and wallet custody services in Belgium from countries that are not members of the European Economic Area, which is prohibited.