BRUSSELS, June 23 (Reuters) - Belgium's FSMA regulator on Friday ordered Binance to cease offering any virtual currency services in the country, adding to pressure on the world's biggest cryptocurrency exchange.
"Binance is offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are not members of the European Economic Area," the FSMA said.
"The FSMA has therefore ordered Binance to cease, with immediate effect, offering or providing any and all such services in Belgium," it added in a statement.
Earlier this month, Binance and Binance.US entered an agreement with the U.S. Securities and Exchange Commission to ensure U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the SEC is resolved.
Reporting by Sudip Kar-Gupta; Editing by Louise Heavens and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.
Persons:
Binance, Changpeng Zhao, Binance.US, Sudip Kar, Louise Heavens, Alexander Smith
Organizations:
European Economic, U.S . Securities, Exchange Commission, SEC, Thomson
Locations:
BRUSSELS, Shanghai, Belgium, United States, France