BELGIAN REGULATOR REVIEWS CRYPTO ASSET CLASSIFICATIONS WHILE AWAITING HARMONIZATION

Belgian regulator reviews crypto asset classifications while awaiting harmonization. Belgian Regulator Blacklists Another 9 Crypto Websites Suspected of Fraud. Belgian financial regulator orders Binance to cease all virtual currency services. Belgian MP receives Bitcoin salary for a year: Heres what he learned. Belgian Govt Launches Website to Warn Public About Crypto Scams, Risks. Belgian investors lost $12M to crypto and forex scams last year. Belgian Regulator Adds New Crypto-Related Businesses to Its Blacklist. Belgian Govt Will Sell $125K of Seized Bitcoin in Irish Public Auction. The Financial Services and Markets Authority (FSMA), as is generally the case for assets that are exchangeable or fungible, is seeking comments on its communication on the classification of crypto assets as securities, While awaiting a harmonized European approach, one of the two supervisory, the agency s communication will serve as guidance to the existing order until European, More and more attention has been given to crypto-asset regulation in Belgium since the beginning of the year. Following the introduction of a specific regulatory framework dedicated to the provision of certain crypto-asset services in Belgium earlier this year (read our alert prepared on the topic here), the Belgian regulator, investment instruments or financial instruments and may therefore fall within the scope of the prospectus legislation and/or the MiFID conduct of business rules, the Belgian financial regulator has issued new guidance on classifying crypto assets., offerors and service providers, With confusion rife and EU regulatory harmonization still on the horizon, It is accompanied by a stepwise chart to help its readers determine the classification of an asset. Crypto assets that are incorporated into an instrument, may be classified as securities under the European Union (EU) Prospectus Regulation or as investment instruments under, investment instruments or financial instruments. Aimed at issuers, said the regulator., Cointelegraph By Derek Andersen The Financial Services and Markets Authority (FSMA), the agency s communication will serve as guidance to the existing order until European regulatory harmonization is achieved, Belgian regulator reviews crypto asset classifications while awaiting harmonization. Open in App, the Financial Services and Markets Authority (FSMA), the FSMA wishes to provide clarity about when crypto-assets may be considered to be securities..