Belgium Central Bank Reportedly Has No Plans to Regulate Bitcoin

The Belgium Central Bank — aptly named the National Bank of Belgium — reportedly has no plans to regulate bitcoin in the foreseeable future. That’s according to the Belgian Bitcoin Association (BBA_, who met with the central bank informally last Monday.

In a statement produced by the Association and published by CoinDesk, the BBA said “There are currently no plans for new regulations in Belgium that would allow the [National Bank of Belgium] to take a more intervening stance – though future regulations to that effect cannot be excluded”.

It should be noted that due to the informal nature of the meeting, this is not with certainty the central bank’s official stance, but it does somewhat reflect their current position. Two central bank officials participated in the meeting, who were reportedly well-versed on the topic of bitcoin.

Thomas Spaas, a member of the BBA who participated in the small meeting with the central bank said that he thinks “Belgian authorities are more preoccupied with issues other than bitcoin, which gives [bitcoin] some leeway. But if the contacts we’ve had with the National Bank of Belgium are anything to go by, it seems like bitcoin in Belgium will have a fair chance.” (via CoinDesk)