News
Poland surpasses El Salvador to become the fifth-largest Bitcoin ATM hub globally, recording 219 active machines amid a four-month installation spree.
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Poland News
Poland is a state in Central Europe. Poland is a former socialist country, so its economy was greatly impacted by the political events of the early 1990s. Since 2004, the country has been a member of the European Union. According to The World Bank, Poland is 24th in the world by nominal GDP. In terms of Bitcoin in Poland, the authorities do not prohibit using digital money, seeing the possible benefits for the country, and now they are in the process of crafting cryptocurrency regulation that will satisfy Polish legislation. Bitcoin mining in Poland is allowed, though it is still under discussion if Bitcoin will either be an official way of payment in Poland or just a digital asset.
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Binance updates crypto rules for Polish users, requiring more sender and recipient details on transactions to align with the EU’s MiCA regulatory framework.
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The former crypto executive was previously arrested in Poland in 2021 over related matters but was released after 40 days.
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Sławomir Mentzen, a Polish presidential candidate, vowed to create a Bitcoin reserve if elected in 2025.
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Polish authorities have issued a cautionary alert on Crypto.com’s operations, citing possible regulatory noncompliance but stopping short of a ban.
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The second edition of Bitcoin FilmFest in Warsaw, Poland, screened over a dozen movies and documentaries and coincided with the Bitcoin halving.
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in Europe, Poland and the Czech Republic sit at the top of the leaders’ chart for crypto company registrations.
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For nearly a decade, the number of crypto ATMs had steadily increased without fail, but something flipped in late 2022.
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In June, Binance was ordered to halt its services in Belgium “with immediate effect,” leading to the exchange redirecting Belgian users to its Binance Poland entity.
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In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements.
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Lights, camera, Bitcoin: A Bitcoin Film Festival in Poland brought the Bitcoin revolution to the big screen.
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The cryptocurrency market is “neither regulated nor subject to supervision” to the Polish Financial Supervision Authority, the regulator said.
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On Jan. 22, an attacker shot two employees at a cryptocurrency and gold exchange in the Polish city of Olsztyn, escaping with over $120,000 in gold.
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Olsztyn, Poland is using SmartKey built on Ethereum to streamline emergency services.
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The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies.
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