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.
The PFSA warns scammers are asking people to send cryptos to verify a transaction’s legality before depositing them in a fake investment fund.
Polish Financial Watchdog Impersonated by Crypto Scammers
Publicly-backed VC firms are stepping in where private investors retreat, according to a new report on Central and Eastern European tech investments.
As Private Seed Funds Dry Up, European Blockchain Firms Seek Public Backing
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