No Legal Ban on Cryptocurrency Trading or Exchanges in Poland, Says KNF

[kreslik.news]

Whenever a regulator announces it will investigate or tax cryptocurrencies, most of media outlets jump on the warnings wagon and report the action as a clampdown. For crypto enthusiasts in Poland, the nation’s financial regulator says don’t panic yet.

Contrary to reports in the mainstream media, the Polish legal system has no regulations prohibiting the activity of cryptocurrencies exchanges, says the country’s financial regulatory body, the Polish Financial Supervision ‎Authority (KNF).

Help us make Finance Magnates better!

According to the KNF’s website, trading in crypto assets and trading venues themselves are not prohibited by law and therefore its transactions ... (read more)