Poland Urges Regulation
Poland is seeking out a regulated cryptocurrency to become a contender in European economics. Poland, a member of the European community, is pressing for regulation from the European Union because of the impact that it envisions. Wojociech Trusz, from Ministry of Economy, advises that: cryptocurrency can help Polish international competiveness. Europe must acknowledge the use of cryptocurrency through regulation, according to Trusz - who says that "this is a global phenomenon". Trusz indicates that it could open doors to building a foundation for entrepreneurs and business if regulation....
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For years, Poland has been urging the regulation of the digital currency bitcoin; however, regulation has never been achieved. Now, though, in what many may consider a landmark decision, Poland’s Central Statistical Office (GUS) has recognized the trading and mining of electronic currency. This means that those companies who use virtual currencies with their business are now able to register with the GUS. According to GUS website, companies can do this by applying to obtain an official PKD 64.19.Z. This news signals a significant move for those within the digital currency industry in....
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Reports of the detention of Dmitry Vasiliev, ex-head of the bankrupt cryptocurrency exchange Wex, have been confirmed by authorities in Poland. The former executive of the platform, allegedly involved in the theft of funds worth millions of dollars, faces possible extradition to Kazakhstan.
Prosecutor’s Office Confirms Vasiliev Is in Custody in Poland
Dmitry Vasiliev, who once managed the largest Russian crypto exchange, was apprehended at the Warsaw airport in early August but the Polish newspaper Gazeta Wyborcza broke the news last week, quoting undisclosed sources. A....
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