
Belgian FSMA to get wider powers to police digital currency industry
Under the incoming regulation, the Belgian FSMA will impose tighter restrictions on digital currency advertisements in the country.
Under the incoming regulation, the Belgian FSMA will impose tighter restrictions on digital currency advertisements in the country.
The conditions went into force last May 1 and bind any legal person in Belgium that provides exchange services on digital currencies, legal currencies, or custody wallet services.
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.
The Financial Services and Markets Authority (FSMA) has added an additional 14 sites to its list, which now runs to a total of 113.
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.