BITMARKET BITCOIN EXCHANGE LOSES BANKING CONNECTION AS POLISH BANKS START CRACKDOWN ON BITCOIN

A few bitcoin users from Poland have reported to CCN that they are dealing with bank crackdowns due to bitcoin activity.
One Polish bitcoin exchange, BitMarket, became a victim of a shutdown earlier this week by BPH. When contacting BPH, they were told there were technical problems that needed to be sorted out. Upon further investigation, BitMarket found out they were shut down due to cryptocurrency activity was associated with their account.
The original text was written in Polish, but CCN was able to translate and clean up the text into an English transcription.
‘First [the bank] explained the situation was due to technical problems with the system, allegedly occurring in debit accounts [?]. Finally, the central bank’s legal department was able to obtain information that the accounts have been closed in connection with the activities of our company and exchanges in Cryptocurrency.’
According to BitMarket, the bank said a letter informing the exchange of an impending termination was sent. They verified the address, but they claim the letter was not received.
The exchange claims they have enough funds to recover from the loss, but it might take some time.

This post was published at Crypto Coins News on January 29, 2015.