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

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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