POLAND

The first half results still stood strong with excellent Q1 numbers.

The average loss of each trader in 2020 remained at PLN 11,370.

The authority says that Binance Markets Limited's core business is offering services on a market that is not regulated.

Customers can now fund their Forex accounts held at Conotoxia platform via Skrill.

He was arrested in the Netherlands last October and was extradited to Poland last week.

The broker added 67,231 new traders in the quarter as active clients hit 103,425.

The Polish Financial Supervision Authority approved the deal earlier this month.

The broker did not provide any timeline for the migration.

Turnover from its forex division surged six times last year.

The department is checking if the traders have suffered losses due to these outages.

Recently more and more brokers have been opening their offices in Poland

The local regulator defied the ESMA restriction last year to offer higher leverages.

The company did not reveal any financial details of the deal.

As part of the sponsorship, the broker’s logo will appear on the front of the players’ jerseys.

According to the KNF’s website, trading in crypto assets and trading venues themselves are not prohibited by law.

The new office will focus on IT development and SEO marketing.

The regulator has provided details on how cryptos could be classified under Polish law.

The new office has been established in Warsaw, Poland.

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