Belgium Recognizes Cryptos as Securities

Europe is constantly on legislative pressure regarding cryptocurrencies. Cyprus, Lithuania and of course, Malta have already pass their legislation regarding their framework around cryptocurrencies.

The regulatory framework around cryptocurrencies turns around on how crypto companies are operating and how cryptos could be addressed as tax entity.

In Belgium, cryptos are considered securities, with the respective facing as tax entity. All of the above countries are looking to go ahead of MiCA, the European regulation that will bring the European countries to the edge regarding cryptos.

The fight between national and European regulation is expected to bring severe results in the next years and what will happen in Europe.