Belgium Cracks Down on Crypto Ads: New Rule Requires Stark Warning on Risk

Belgium's financial regulator has outlined new crypto advertising laws that require virtual currency firms to include a stark warning about potential risks in their advertisements. 

Belgium To Introduce New Crypto Ad Regulation

Belgium’s Financial Services and Markets Authority (FSMA) is set to introduce a new set of crypto ad regulations by May 17, Finance Magnates reported on March 20.

Bitcoin, Ethereum Not Securities: Clarifies Belgium’s FSMA

Belgium’s financial regulator does not consider crypto-assets such as Bitcoin (BTC) and Ethereum (ETH) to be securities.

FSMA Warns against Clone of CoinDesk and 30 Fraudulent Trading Platforms

The Financial Services and Markets Authority (FSMA), Belgium's financial market regulatory watchdog, flagged 30 online trading platforms offering unlicensed services in the country. A clone of CoinDesk, a popular crypto news website owned by venture capital firm Digital Currency Group (DCG), is one of them.