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.
World’s Largest Pension Fund Lost the Equivalent of Bitcoin’s Entire Market Cap in Just Three Months
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of DLT-based national currency tokenization.
Austrian Bank Raiffeisen Works on National Digital Currency Pilot
New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest crypto crime analyses.
Chainalysis’ Crypto Crime Intelligence Briefs Cast Spotlight on North Korea and Iran
Polish insurance company Link4 teams up with blockchain startup Coinfirm to use a DLT-powered tool for document management.
Major Polish Insurance Company Taps Blockchain for Its Paperwork
Survey says the amount of Europeans who believe crypto will still exist in 10 years has edged up from 63% in 2019 to 66% in 2020.
Europe’s Crypto Believers on the Rise Amid COVID-19 Crisis, bitFlyer Says
Polish Credit Bureau launched commercial use of its blockchain-based customer data platform for retail banks.
Retail Banks in Poland Launch BIK’s Blockchain-Based Client Data Tool
Crypto Capital executive Oz Yosef, who is allegedly involved in Bitfinex’s $850 million loss, has been indicted on three criminal counts.
Crypto Capital Exec Indicted on Three Criminal Counts in NY Court
Polish authorities arrest the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other cryptocurrency exchanges.
Head of Crypto Capital Arrested in Connection With Money Laundering