Poland refuses of “Irrational” Crypto Tax

The officials of Poland have understood how inapplicable their decision to tax all crypto transactions really is “accepts the irrational effect” of the tax
21 May 2018   1088

The Polish Finance Ministry is going to publish a new regulation to “temporarily abandon” the tax on transactions with digital currency. It also intends to provide “in-depth analysis” and develop “system solutions” to regulate this particular economic space. This step arrives after an interpretation of the tax code in April caused angry reactions from the country’s crypto community, an online petition, and even protests in Warsaw.

The Ministry of Finance has accepted the irrational effect of the PCC tax on cryptocurrencies. So far, the Ministry hasn’t done anything about the PCC, except for recognizing cryptocurrencies as property rights, which automatically means obligation to pay the civil law transactions tax. 
Paweł Gruza
Deputy Finance Minister, Poland

Gruza meant a controversial decision to tax crypto earnings and profits, that was declared less than a month before the end of the tax campaign in Poland on April 30. In an official position published last month, Ministerstwo Finansów claimed that Polish residents should report on their tax returns all revenues from trade and exchange for cryptocurrencies like bitcoin, litecoin and ethereum.

After this realization, plans to tax crypto transactions have been ceased. The new regulation on the matter is anticipated by June 15.

Craig Wright to Claim to be Satoshi Again

He explained that the false information surrounding Bitcoin and blockchain-derived systems made him come out of the shadows
18 February 2019   95

A senior researcher at nChain, Craig Wright, sent the Commission on the US Exchange Commodity Trading (CFTC) introductory information on cryptocurrency mechanics in response to a request from the Office. But even in the official document he did not miss the opportunity to remind everyone that it was he who allegedly was the creator of Bitcoin Satoshi Nakamoto.

My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet. Ethereum is a poorly designed copy of bitcoin designed with the purpose of completing the promise of smart contracts and scripting that were delivered within bitcoin but which were hobbled by the core developers of bitcoin who sought to enable anonymous transactions to exist within the system. 

Craig Wright


Earlier in February, the “self-proclaimed Satoshi Nakamoto” announced that he possesses a patent, allegedly capable of restricting the right to issue JPM Coin.

In October 2017, Craig Wright made a mistake confirming that he was not Satoshi Nakamoto.