Belgium says BTC, ETH and other decentralized coins are not securities

Belgium says BTC, ETH and other decentralized coins are not securities

Belgium says BTC, ETH and other decentralized coins are not securities By Cointelegraph

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Cryptocurrency 17 minutes ago (Nov 25, 2022 11:20PM ET)

Belgium says BTC, ETH and other decentralized coins are not securities

Belgium’s financial regulatory body has confirmed its position that Bitcoin (BTC), Ether (ETH) and other cryptocurrencies that are issued solely by computer code do not constitute securities.

The explanation came from Belgium’s Financial Services and Markets Authority (FSMA) in a Nov. 22 report, a draft of which was opened for comment in July 2022.

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Belgium says BTC, ETH and other decentralized coins are not securities

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