ChainCatcher news, according to the official announcement, Binance has announced that to comply with EU regulatory requirements, it will adjust the cryptocurrency deposit and withdrawal processes for users in Poland and Belgium starting from January 20, 2025.The new regulations require that deposit transactions exceeding €1,000 (or equivalent currency) must provide sender information, and withdrawals of any amount must provide recipient information, including full name, country, and exchange name (if applicable). If users fail to provide the relevant information, transactions may be delayed or returned.

ChainCatcher news, according to Cointelegraph, the cryptocurrency exchange OKX has expanded its European operations by launching a trading platform and self-custody wallet in Belgium. With OKX's newly launched services, Belgian customers can now engage in spot trading and exchange over 200 cryptocurrencies, including 60 trading pairs with cryptocurrencies against the euro.OKX's General Manager for Europe, Erald Ghoos, stated that this launch does not involve direct regulatory approval from Belgian authorities. Ghoos said, "We have not obtained approval from the regulatory authorities; we have only received permission to operate in Belgium. We provide services through regulated entities within the EU and have no permanent establishment in Belgium."OKX's services in Belgium are provided through Okcoin Europe, a company registered in Malta and authorized by the Malta Financial Services Authority as a virtual financial assets service provider. To facilitate euro deposits and withdrawals, OKX has partnered with Belgium's popular payment system Bancontact.

ChainCatcher news, according to The Block, Kraken will delist the privacy coin Monero (XMR) in Ireland and Belgium on June 10 this year. All XMR trading and deposits will be halted starting May 10, and all margin positions should be closed before this date to avoid forced liquidation.It is reported that XMR withdrawals will stop on June 10, at which point any remaining XMR balance will be automatically converted to Bitcoin.

ChainCatcher news, Binance Belgium announces that starting today, the platform will reopen new registrations for Belgian residents. In addition, Belgian users who accept its new terms of use can once again access various Binance products and services.Previous news from ChainCatcher, the Belgian Financial Services and Markets Authority ordered Binance to cease providing crypto services locally in June.

ChainCatcher news, Binance will delist privacy coins in Belgium later this month. Starting from September 21, customers residing in Belgium will no longer be able to purchase or trade certain privacy coins on the platform, including Monero (XMR), MobileCoin (MOB), Firo (Firo), and Horizen (ZEN).In June of this year, Binance had already delisted privacy coins in France, Italy, Poland, and Spain. Last week, Binance announced that it would provide services to Belgian users through its Polish entity, so the regulations in Poland now also apply to Belgian users.A spokesperson for Binance stated, "We will continuously monitor our regulatory obligations and will further update our products and token offerings as necessary."

ChainCatcher news, according to official Binance news, Binance can continue to provide services to Belgian users through its Polish entity, provided it complies with local regulatory requirements. Belgian users can continue to use the Binance platform by accepting the terms of use for Belgian users from Binance Poland.Previous news, the Belgian Financial Services and Markets Authority ordered Binance to cease providing crypto services locally.

ChainCatcher news, the Financial Services and Markets Authority (FSMA) of Belgium has ordered Binance to immediately cease offering crypto services in Belgium. The FSMA stated that Binance's provision of exchange services between virtual currencies and fiat currencies, as well as custodial wallet services for non-European Economic Area countries, violates the ban.A Binance spokesperson responded that they are reviewing the details of the official notice and will continue to comply with obligations with regulators in Belgium and around the world. (CoinDesk)

ChainCatcher News: The Financial Services and Markets Authority (FSMA) of Belgium will implement a new set of cryptocurrency promotion rules within its jurisdiction, which will take effect on May 17, 2023.The new cryptocurrency advertising rules encompass three key areas: information must be accurate and not misleading, advertisements must include mandatory risk information, and cryptocurrency companies need to notify the FSMA before any large-scale activities. Additionally, the regulator defines a public activity as any promotional activity targeting at least 25,000 consumers.It is reported that this regulatory initiative follows a survey conducted in November 2022 involving 1,000 investors. Last year, the FSMA mandated that all virtual currency service providers operating in the country, including exchanges and wallet providers, register. (Source link)

ChainCatcher news, Belgium's Digital Minister Mathieu Michel stated in an interview that after regulating cryptocurrencies, European politicians are considering building a privacy-respecting, customized blockchain called Europeum.Michel mentioned that the new "Europeum" blockchain could serve as a tool for recording property ownership, driving licenses, or professional qualifications, while adhering to the EU's high regulatory standards. Following a series of scams and scandals in the market, Michel advocates shifting from purely financial applications of distributed technology to public services and supply chain management.It is reported that the EU will vote on the Markets in Crypto-Assets Regulation (MiCA) in April. (CoinDesk)