BELGIAN REGULATOR REVIEWS CRYPTO ASSET CLASSIFICATIONS WHILE AWAITING HARMONIZATION

Belgian regulator reviews crypto asset classifications while awaiting harmonization. Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity. Belgian startup debuts Bitcoin payments for parking tickets. Belgian Regulator Blacklists Another 9 Crypto Websites Suspected of Fraud. Belgian Tax Authority To Search For Taxpayers Using Foreign Crypto Exchanges. Belgian Govt Launches Website to Warn Public About Crypto Scams, Risks. Belgian Regulator Adds New Crypto-Related Businesses to Its Blacklist. Belgian MP becomes first European politician to accept salary in Bitcoin. Belgian investors lost $12M to crypto and forex scams last year. 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 agency s communication will serve as guidance to the existing order until European regulatory harmonization is achieved, the Financial Services and Markets Authority (FSMA), the Belgian financial regulator has issued new guidance on classifying crypto assets., said the regulator., the FSMA wishes to provide clarity about when crypto-assets may be considered to be securities, Belgian regulator reviews crypto asset classifications while awaiting harmonization. Open in App, With confusion rife and EU regulatory harmonization still on the horizon, The Financial Services and Markets Authority (FSMA), offerors and service providers, While awaiting a harmonized European approach, investment instruments or financial instruments. Aimed at issuers, the agency s communication will serve as guidance to the existing order until European, Cointelegraph By Derek Andersen The Financial Services and Markets Authority (FSMA), one of the two supervisory, 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, is seeking comments on its communication on the classification of crypto assets as securities, 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, as is generally the case for assets that are exchangeable or fungible..