Preheat oven to 350°F (175°C). Grease and flour two 8-inch round cake pans or line with parchment and spray.
In a medium bowl, whisk together flour, sugar, baking powder, and 0.25 teaspoon salt. Set aside.
In a large bowl, cream 0.5 cup unsalted butter until light and fluffy, about 2 minutes.
Beat in eggs one at a time, mixing well after each addition.
Add 1 teaspoon vanilla extract and 0.25 cup Biscoff cookie butter; mix until combined.
Alternately add dry ingredients and milk to the wet mixture, beginning and ending with dry ingredients; mix just until combined.
Divide batter evenly between prepared pans and bake 25-28 minutes until a skewer comes out clean.
Cool cakes in pans 10 minutes, then invert onto wire racks to cool completely.
Meanwhile, prepare the buttercream by beating 1 cup unsalted butter until fluffy, 3-4 minutes.
Gradually add powdered sugar one cup at a time, mixing on low then medium-high speed until smooth.
Beat in 1 cup Biscoff cookie butter, 0.5 teaspoon vanilla extract, and remaining 0.25 teaspoon salt.
Add 2-3 tablespoons heavy cream, one tablespoon at a time, until buttercream is smooth and spreadable.
Level cooled cakes if needed. Place one layer on plate and spread 0.75 cup buttercream evenly.
Top with second cake layer, frost entire cake with remaining buttercream.
Press crushed Biscoff cookies around base and/or on top for garnish.