Biggest Cryptocurrency Exchange in Poland to Move to Malta

[kreslik.news]

Polish cryptocurrency exchange BitBay is moving to Malta because it can’t open a bank account in its homeland.

BitBay, established 2014, offers 29 cryptpcurrencies for trading and handles $9.4 million in customer money (according to coinmarketcap.com), making it the largest such business in the country.

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The last bank willing to work with cryptocurrency businesses decided to end its working relationship with the exchange, according to a statement published on the BitPay website, and so it can no longer continue to conduct business in the country.

The statement says that customers will no longer ... (read more)