Is crypto legal in Belgium?
Cryptocurrency is legal in Belgium, but subject to regulatory restrictions.
Western Europe · BE · 4 of 9 dimensions sourced
Belgium crypto policy at a glance
Stage of the central bank digital currency programme — research, pilot, or launched.
Whether crypto is legal, restricted, or banned for individuals and businesses.
“Virtual currencies such as Bitcoin are not legal tender and are not backed by any central bank. Services relating to virtual currencies may be subject to financial legislation, and providers of such services must comply with the applicable regulatory framework.”
Whether the jurisdiction licenses crypto/VASP service providers.
Rules governing stablecoin and e-money-token issuance.
“This Regulation lays down uniform requirements for the offer to the public and admission to trading on a trading platform for crypto-assets... and for the issuance and supervision of asset-referenced tokens and e-money tokens.”
How crypto gains are taxed and reported, including OECD CARF participation.
How decentralized finance (DeFi) is treated by regulators.
Whether NFTs are addressed in regulation.
Policy toward crypto mining — permitted, restricted, or banned.
Intensity of regulatory enforcement actions against crypto firms.
“The FSMA publishes warnings about companies and persons that offer investment services or products without complying with Belgian financial legislation.”
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