Polish Authorities Issue Sweeping Condemnation of Bitcoin and Other Digital Currencies

in #bitcoin7 years ago

video_wuc.jpg
Polish authorities, regulators, and banks issued a sweeping statement warning of the risk of bitcoin, ethereum, and other cryptocurrencies. They said these currencies are not national or legal tender and cannot be used to pay taxes. They do not fall within the guidelines provided by Polish Financial Supervision Authority. Businesses, especially, should be wary about adopting or trying to use “virtual currencies.”
Authorities: Do Not Invest in Cryptocurrencies; Polish Bitcoin Usage

The Polish authorities say it would not be a wise investment to purchase these assets given their risk assessment. They are against using exchanges to purchase, manage, or otherwise be involved in bitcoin and other cryptocurrencies. The site even said it would be risky if investors were regulated and added
The Polish National Bank and Financial Supervision Commission considers that buying, owning and selling “currency” of virtual entities supervised by the financial Supervision Commission would be high risk and would not provide a stable and prudent management of the financial institution.

Sort:  

A government making that pronouncement will guarantee people will want to invest...

Murray3 yes of course!!

where did you get that from? I'm polish and all you wrote sounds like you made that up in your head no offence :D. Anyway... keep up the good work rofl

@barteksiama on Google News I'll get this!!

Upvoted.

Please upvote my blogs and win SBDs every day based on your power. Please type “done & done” to transfer easily.

Also please refer my blogs every day and sure your time & efforts are rewarded

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.030
BTC 65669.27
ETH 2668.58
USDT 1.00
SBD 2.87