Binance announces the reopening of registrations in Belgium and the restoration of its services. Learn about the details and the impact of this decision on the financial markets.
After a temporary closure earlier this year, the giant trading platform, “Binance,” has announced the resumption of registration for users in Belgium. This announcement comes after extensive negotiations with Belgian authorities and the necessary measures taken to comply with local laws.
Binance, considered one of the largest digital currency trading platforms globally, had closed registrations in Belgium in response to a request from local authorities expressing concerns about the risks of digital currency trading. After a comprehensive review and discussion, an agreement has been reached allowing the reopening of registrations and the resumption of services for Belgian users.
This decision by Binance is a positive step for the digital trading markets, indicating its understanding of the importance of complying with local regulations. It is expected to have a positive impact on trading volume and market activity.