• Advertise
  • Submit a Press Release
  • About Us
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Play FinanceTry
  • Claim 7 BTCTry
No Result
View All Result
Breaking News: Bitfinex And Crypto Bank OrionX Forged Partnership To Broaden Presence In Latin America
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Play FinanceTry
  • Claim 7 BTCTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Bitfinex And Crypto Bank OrionX Forged Partnership To Broaden Presence In Latin America
Banks in Poland Oppose Bitcoin Exchanges

Banks in Poland Oppose Bitcoin Exchanges

newsbtc by newsbtc
8 years ago
in Uncategorized
Reading Time: 2 mins read

Poland might now join the ranks of those countries not open to cryptocurrency developments, as banks in the nation refused to accept payments using bitcoin exchanges. According to news from Polish bitcoin forum bitcoinet.pl, bitcoin payments are no longer available on cryptocurrency exchanges Cryptocoin.com, Bitbay.pl. and Bitmarket24.pl.

“All this is due to the ultimatum that the four largest Polish banks bring to operators and BlueMedia CashBill payments,” the forum noted. With that, bitcoin exchange Bitbay.net has already advised its users that they can no longer make accelerated bank deposits because its online payment provider, Cashbill, has terminated its contract with Bitbay.net.

Issues with Bitcoin Exchanges

“CashBill contacted us and informed that he will need to end the cooperation with us due to the warning it got from banks,” Justyna Laskowska Witek, chief marketing officer at Bitbay.net shared. “Banks demanded from CashBill an immediate termination of the contract with our bitcoin exchange – BitBay.net. One day later, it turned out that it wasn’t only our case. Moreover, we did not receive any information (neither from the operator nor from banks) about the possibility of such a situation.”

With that, BitBay.net is now encouraging its customers use an alternative online payment service, BlueCash, to make deposits. However, this process is limited and is not as fast as using CashBill.

Bitcoin enthusiasts in Poland have been disgruntled over this move and called on financial institutions to be more open to cryptocurrency industry developments. Supporters have even urged bitcoin exchanges to take action against these unfair practices by Polish banks.

“In Germany and Switzerland, the BTC is simply treated as another foreign currency,” an observer noted on the Polish cryptocurrency forum kryptpolonia.info. “In Poland, as usual, we have a circus. It is a pity that the bank does not inform earlier that plans to block the account to a company. This is a frivolous treatment of their customers.”

Tags: bitcoin banbitcoin banksbitcoin exchangesBitcoin lawsbitcoin polandNews
Tweet123Share196ShareSend
newsbtc

newsbtc

Related Posts

Bluelight Game Mechanics Overview

Bluelight Game Mechanics Overview

2 hours ago
Celsius

Celsius Sets New Standard: $1 Billion In ETH Staked As Deposits Show No Sign Of Slowing

10 hours ago
Bitcoin Mining Green

Bitcoin Is Becoming Greener At An Unexpected Pace, Good For BTC Price?

12 hours ago
Bitcoin

Bloomberg’s Senior Macro Strategist Predicts More Pain Ahead For Bitcoin

13 hours ago
Bitcoin

Here Are The Pricing Models Bitcoin Must Stay Above For Rally To Go On

14 hours ago
SEC XRP Lawsuit Keeping The Market Flat? Investors look for Alternative Routes, is HedgeUp and Chainlink the Answer?

SEC XRP Lawsuit Keeping The Market Flat? Investors look for Alternative Routes, is HedgeUp and Chainlink the Answer?

15 hours ago

Premium Partners

Play Finance

Now Trending

  • Potential 20x+ Crypto Presales 2023

    3 days ago
  • Willing to buy new crypto: Here are the best 10...

    3 days ago
  • Best Crypto Meme Coin Presales in 2023

    3 days ago

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

  • Social Trading Phenomenon – How It Has Changed the...

    11 mins ago
  • Don’t get dumped on buying DOGE or SHIB, Avorak has...

    14 hours ago
  • Crypto Enthusiasts Believe DigiToads (TOADS) and Aave...

    14 hours ago
  • Investors Seeking High-Yield Cryptocurrency Investments...

    14 hours ago
  • Choosing the best Forex broker | A Comprehensive Guide

    18 hours ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Claim 7 BTC

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.