Binance bypasses the ban on customer service from Belgium


Crypto exchange Binance will continue to serve customers from Belgium through the Polish division. This is stated in the company’s blog.

Binance Poland sp. z oo is now the entity that provides Binance services to residents of Belgium. By doing this, Binance ensures that it is in compliance with its regulatory obligations and can continue to provide services to Belgian users.”

For further work, customers need to accept the new user agreement and go through some points again KYC– verification within the framework of compliance with the legislation of Poland.

“Binance will be able to continue serving Belgian users in accordance with local regulatory requirements,” the company added.

In June 2023, the Belgian Financial Services and Markets Authority instructed Binance to immediately stop providing digital asset-related services in the country.

Earlier it became known that the platform withdrew applications for licenses in the UK, Germany, Austria, Cyprus and announced its withdrawal from the Netherlands.

Remember June 5th SEC sued Binance and its CEO Changpeng Zhao. The regulator brought 13 charges, including the sale of unregistered securities.

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