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Belgium’s FSMA takes step toward regulating crypto businesses: report

Belgium’s Financial Services and Markets Authority (FSMA) required all crypto-exchanges and custodial wallet services in the region to register with the agency beginning today, AMBCrypto reported. The FSMA added that: “Providers already operating on 1 May 2022 must notify the FSMA of the exercise of their activity before 1 July 2022 and apply for registration before 1 September 2022.” Despite some industry concerns, many see the rule as necessary for ensuring the growth and stability of the crypto sector in …