This week in tech: More countries implement positive regulations
As more industries continue to adopt blockchain and cryptos, authorities are striving to keep up with Belgium, Germany, Japan and more making moves this week.
The Latest Belgium News
Belgian regulator calls for regulation of the growing crypto industry
Belgium’s financial markets regulator has called on the gov’t to regulate the crypto industry, claiming that the market is growing quite fast and needs policing.
Police arrest 10 in $6.6M Israeli crypto scam
Authorities in Belgium, France and Israel have arrested ten people accused of orchestrating a cryptocurrency pyramid scheme that cost investors $6.6 million.
Belgium’s crypto scam list now includes 131 ‘suspicious’ sites
While not outright accusing these companies of wrongdoing, the Belgian Financial Services Markets Authority says there is a reason to be concerned.
Louis Vuitton CEO not setting up crypto firm in Belgium
The luxury brand denies reports that they will allow customers to trade in crypto, but is going ahead with blockchain plans.
Belgium adds 7 new ‘suspicious’ sites to crypto scam watchlist
The list now stands at 120 cryptocurrency companies to avoid, with the Financial Services and Markets Authority taking steps to publicize its recommendations to steer clear of those operators.
Wilsons Auctions to sell seized crypto for Belgian government
In what looks set to become a global first, the auction house is preparing to put the crypto up for public sale later this month.
Belgium expands list of crypto fraud sites in latest warning to investors
The Financial Services and Markets Authority (FSMA) has added an additional 14 sites to its list, which now runs to a total of 113.
Belgium, Netherlands see increasing number of crypto ATMs: study
Data released by Statista showed that as of August, Amsterdam is leading the race with about 12 crypto ATMs installed, while Luxembourg is lagging behind despite it being a global center of traditional finances.
Beware of fraud: Belgium raises red flag on 78 ‘unlawful’ crypto platforms
The list, posted by Belgium's Financial Services and Markets Authority (FSMA), includes no less than 78 cryptocurrency platforms—28 of which added only on Tuesday.
First EU blockchain hackathon offers €100K prize
In a bid to explore how blockchain technology can be used for intellectual property (IP) rights enforcement, European Union (EU) agencies are organizing a “Blockathon” event in Brussels in June.
Fujitsu announces blockchain innovation center in Brussels
The new installation will be dedicated to the research of blockchain technology, as well as the development of projects in conjunction with public and private companies.