Belgium says Bitcoin, Ethereum are not securities
Belgium’s Financial Services and Markets Authority declared that crypto assets without issuers, like Bitcoin (BTC) and Ethereum (ETH), are not securities. The financial regulator said in a Nov. 24 press statement that it does not concern itself with the technology.
According to the regulator, it focuses on whether the transferable asset has an issuer. If it does not, then it is not qualified to be called a security or investment instrument, and the Prospectus Regulation, the Prospectus Law, and the MiFID rules of conduct will not apply. The distribution of financial instruments based on crypto to retail customers in Belgium is prohibited.
Source
https://t.me/Cash_Blockchain_News
