In a country known for its chocolate and waffles, Belgian crypto businesses are facing a new set of challenges. The introduction of stricter regulations has brought forth a host of risks that these crypto companies must navigate carefully.
One such company is CryptoWaffle, a popular crypto exchange based in Brussels. Their CEO, Antoine Delacroix, understands the gravity of the situation. \“Under the new regulations, we must ensure that all our customers are verified and that we comply with anti-money laundering laws,\“ he said.
Delacroix is not alone in his concerns. Many Belgian crypto businesses are worried about the impact of these new rules on their operations. \“It\“s a delicate balance between adhering to the law and maintaining the trust of our customers,\“ added Marie-Claire Duquesne, founder of CryptoChocolat, a blockchain-based payment system.
Despite the risks, some are optimistic about the future. \“These regulations will make our industry more stable and secure,\“ believes Lucas Van Hove, a cryptocurrency advisor. \“In the long run, it will benefit everyone in the ecosystem.\“ |