From Russia to Macedonia: How Cryptocurrencies Are Regulated in Eastern Europe

From: CoinTelegraph

By Stephen O’Neal

On June 30, Russia saw a launch of a first crypto investment bank aimed to hold initial coins offerings (ICO), while the government is is expected to pass its major crypto and blockchain-related regulatory bill this week.

Meanwhile, there’s been more news coming from Eastern Europe: last week, Poland’s cryptocurrency group the Polish Bitcoin Association (PBS) complained to the government, blaming fifteen financial institutions in the country for hindering the industry by deliberately denying service to crypto platforms and selectively closing their bank accounts.

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