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Cryptocurrencies: new rules enter into force

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Virtual Service Asset Providers (VASP)

As from 1 May 2022, any legal person established in Belgium that wants to provide exchange services between virtual currencies and legal currencies, or custody wallet services, within Belgium will have to register with the FSMA in advance.

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.

Interested? Please consult our FAQs (available in French and Dutch only) on our website, which will inform you of the steps to take to register.