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Binance sets up Polish entity for residents of Belgium after regulatory action

QUIT: Steven Christie, a compliance executive who joined Binance in May 2022, tweeted today (Friday) that he was leaving Binance, saying he was "tired" and that he needed to "lose some weight."

By Sudip Kar-Gupta

Binance, the world’s largest cryptocurrency exchange, said it had set up a Polish entity to serve clients in Belgium, after Belgium’s regulator ordered Binance to cease offering virtual currency services in the country.

Binance said in a statement the new entity ensures that the company can comply “with its regulatory obligations and can continue to provide services to Belgian users”.

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