Thursday February 25, 2021
Bitcoin (BTC) $49,661.00   Ether (ETH) $1,585.87
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Crypto Exchanges

European bitcoin exchange BitBay suspending accounts in move to Malta

Published by CryptoNinjas.net
05/29/2018
European bitcoin exchange BitBay suspending accounts in move to Malta

BitBay, a European bitcoin and cryptocurrency exchange has decided to suspend the activity of its exchange located in Poland. At the same time, the exchange under the same name of BitBay will be administered by a new supplier in the jurisdiction of the Republic of Malta, which is cryptocurrency friendly.

BitBay informed they have been conducting examinations for many months within the scope of the most friendly jurisdiction for cryptocurrency in the European Union. Productive discussions with the government of Republic of Malta and friendly business environment provide BitBay assurance that the choice of Maltese jurisdiction is the best solution.

The activity of the BitBay exchange in Poland requires cooperation with Polish banks. Unfortunately, the team said that the last Polish bank ready to provide bank services undertook a unilateral decision to end cooperation with BitBay with effect at the end of May. In those circumstances, the continuation of providing high-quality services by BitBay exchange in Poland was no longer possible. As a result of this, BitBay sp. z o.o. has terminated the contract concluded with its users for providing services with the observance of a one month notice. The period of the notice expires September 17, 2018.

Up until May 31, 2018, users will still be able to manage all functions of the BitBay exchange in Poland. After this date, access to accounts in PLN will not be possible. All other functions of the BitBay exchange in Poland will still be active. After the expiry of the notice period, that is from September 18, 2018, users will be able only to withdraw all of the funds deposited on the account without the possibility to deposit them there once again. From September 17, 2018, the trade on the BitBay exchange in Poland will be suspended.

The BitBay team said:

“We encourage our users to continue the cooperation with BitBay. After logging on account on bitbay.net webpage Users will be able to create their own BitBay account in Malta. The exchange will be conducted by the new supplier in Malta with the usage of the same software as until now was used by BitBay exchange in Poland, based on the domain bitbay.net and BitBay trademark. The new supplier will be entitled to take advantage of all solutions worked out by BitBay sp. z o.o. Due to the aforementioned fact, BitBay exchange on Malta will provide high-quality services as BitBay in Poland so far. At the same time BitBay sp. z o.o. will still exist, however, it will carry out other challenges than conducting cryptocurrency exchange.”

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

First token sale on crypto exchange BitBay to start next month
Token Offerings/Listings

First token offering on crypto exchange BitBay to start next month

12/16/2019
European bitcoin exchange BitBay suspending accounts in move to Malta
Crypto Exchanges

Crypto exchange BitBay updates API with WebSocket support

04/03/2019
Polish cryptocurrency exchange BitBay adds Ripple (XRP)
Crypto Exchanges

Cryptocurrency exchange BitBay launches OTC service

03/21/2019
EU cryptocurrency exchange BitBay lists TRON (TRX)
Token Offerings/Listings

EU cryptocurrency exchange BitBay lists TRON (TRX)

09/19/2018
Neufund partners with BitBay to provide fiat gateway for security token exchange
Token Offerings/Listings

Neufund partners with BitBay to provide fiat gateway for security token exchange

08/02/2018
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Bitcoin ATM company Lamassu unveils brand new operator admin system

Bitcoin ATM company Lamassu unveils brand new operator admin system

02/23/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

02/22/2021
Crypto exchange technology platform HollaEx gets upgraded suite

Crypto exchange technology platform HollaEx gets upgraded suite

02/18/2021
Coinbase files registration statement for proposed public stock listing 

Coinbase files registration statement for proposed public stock listing 

02/25/2021
Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

02/25/2021
Boson Protocol partners with Crucible to enable brands and games reward users with real-world items

Boson Protocol partners with Crucible to enable brands and games to reward users with real-world items

02/25/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
Trezor Partners with GRAY to Launch New Luxury Crypto Hardware Wallet

GRAY expands crypto hardware wallet line, introduces the CORAZON Aluminum

02/25/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version