Binance launches a new entity in Poland
Binance has announced the launch of a new entity in Poland known as Poland sp. z o.o, with its main focus on the Belgium market. The Belgian Financial Services and Markets Authority (FSMA) recently ordered the company to stop offering its services in Belgium due to violating internal compliance laws. With the creation of its new entity in Poland, the company will be able to continue offering its services to Belgian residents. Binance explained that Belgian users will be able to keep using its platform by accepting the terms of use of Binance Poland for Belgian users. In particular, customers might have to resubmit some old information related to KYC to comply with the local regulations. You might also like: Binance ordered by Belgian regulator to suspend crypto services Binance’s issues within EU Since its launch in July 2017, Binance has experienced remarkable growth and has become a popular choice for cryptocurrency traders worldwide. However, most recently, ...