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ARTICLE · 24 JANUARY 2018

Bitcoin Is Not So Black As It Is Painted…

Digital currency has been arousing a lot of interest for some time.

PolandTechnology

Digital currency has been arousing a lot of interest for some time. In public administration circles - at least officially – so far, it has not been discussed very much. A few days ago though, the situation has changed. The National Bank of Poland together with The Polish Financial Supervision Authority (KNF) took a precedent position on the digital currency.

With one voice

A few days ago, the common view of the NPB and the KNF on digital currency was revealed. The document was prepared objectively. The "Announcement" clause is, in principle, a warning of risks, as evidenced by its preamble. It also refers in content to my pioneering publications devoted to bitcoin in Polish law, published almost three years ago. This is pleasant for me. And because of some knowledge of digital currency and the commitment to work on the regulatory taming of this phenomenon in the Polish legal realm, I am allowing myself to make a few comments.

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