The Belgian Monetary Companies Market Authority (FSMA) has ordered main cryptocurrency trade Binance to stop providing cryptocurrency trade and custody pockets providers.

In a June 23 discover, FSMA Mentioned Binance alleges that the trade is violating Belgian anti-money laundering and combating the financing of terrorism legal guidelines by offering cryptocurrency-related providers “from a rustic not a member of the European Financial Space” backside. Monetary regulators stated Binance should “instantly” droop all associated providers in Belgium.

Learn extra on Cointelegraph