Bitcoin exchange abandons Poland even as the government invites it to a working group – TechCrunch

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In a pleasant little bit of irony BitBay, a Central European change, has shut down operations in Poland even because it acquired an invite by the Polish authorities to take part in a nationwide blockchain working group. The information, which appeared in a Tweet, states that the group will assess rules for cryptocurrencies, blockchain, and ICOs.

“Our change has acquired an invite from the PFSA to take part within the Blockchain Working Group. 💪 As we have now just lately mentioned, we don’t wish to abandon crypto exercise within the Polish neighborhood,” wrote BitBay.

Poland has had an odd relationship with Bitcoin. First, a few of the central banks funded a YouTube propaganda video that confirmed an individual dropping loads of money in crypto. Additional, the neighborhood is combating again however releasing counter-propaganda to the central financial institution’s insurance policies.

After being shut out by Polish banks, BitBay moved its headquarters to Malta and stopped serving Polish prospects.

 

Picture by freestocks.org on Unsplash



Supply hyperlink – https://techcrunch.com/2018/06/01/bitcoin-exchange-abandons-poland-even-as-the-government-invites-it-to-a-working-group/

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