Post
Topic
Board Economics
Re: Another Boom for the crypto market.
by
Zlantann
on 18/01/2023, 14:49:13 UTC
With governmental authorization, Binance can now provide cryptocurrency services in Poland.

I think it's great that the worldwide community is supporting the cryptocurrency industry, this is a significant boost, and I think more nations will follow the present global trend.

https://www.binance.com/en/blog/ecosystem/binance-moves-forward-with-local-development-and-regulatory-compliance-in-poland-1233996135851733478
This step by Binance is good for bitcoin publicly. This authorization to operate in Poland would make more people use the currency in that country. They are not authorizing Binance operations because they love or want to support the crypto Industry. But the government's target is to regulate the crypto space, invade privacy and collect taxes. Regulations negate the sole purpose of bitcoin, but for now, I think exchanges are doing more publicity but in the nearest future they might end up having lesser influence.