Poland Introduces New Bill to Clarify Crypto Taxation
A long-awaited bill in Poland defines different types of crypto activities and imposes taxes on some revenues Go to Source Powered by WPeMatico
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A long-awaited bill in Poland defines different types of crypto activities and imposes taxes on some revenues Go to Source Powered by WPeMatico
A new draft introducing amendments regarding the taxation of crypto incomes has been published in Poland. The bill differentiates between decentralized cryptocurrencies and centralized virtual money, and clarifies the tax regime applicable to crypto trading and mining. Also read: Eastern Europe: Regulation Postponed, Tax Abandoned, Banks Enlightened Draft Distinguishes Between Cryptos and Centralized Coins … Read more
Eastern European nations have been following closely regulatory developments in the West to better understand where the wind is blowing before addressing the challenges presented by cryptocurrencies. This strategy has proved fruitless, however, as developed western countries, and international organizations, have not been able to come up with a unified approach towards regulating the crypto … Read more
Poland: new complaint claims banks have been unlawfully closing or refusing bank accounts of crypto businesses Go to Source Powered by WPeMatico
The Polish Bitcoin Association has reportedly appealed to Poland’s Office of Competition and Consumer Protection (OCCP) to protect the country’s cryptocurrency sector from what it perceives as a growing embargo targeting virtual currency businesses on the part of Polish financial institutions. Also Read: The 2018 Crypto-Bear Market Less Severe Than 2014, At Least for Now Polish … Read more
Poland’s financial regulator clarifies that crypto is legal in the country, just a week after launching a social media campaign on the risks of crypto investment Go to Source Powered by WPeMatico
Poland’s financial authority invites crypto exchange BitBay to collaborate on regulation just as exchange is forced to leave the country Go to Source Powered by WPeMatico
Hostile or just overly cautions countries keep losing cryptocurrency-related businesses to more attractive jurisdictions, along with the jobs and tax money that go along with them. The latest example comes from Poland, which Bitbay has been forced to leave for Malta. Also Read: Dominance of Big Banks in UK Means London Might Miss the Boat on … Read more
BitBay, the largest crypto exchange in Poland, has decided to suspend its activities in the country as banks refuse to offer them services Go to Source Powered by WPeMatico
Polish government orders more anti-crypto social media campaigns, but the market players are ready to defend and cooperate Go to Source Powered by WPeMatico