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Polish Central Statistical Office officially recognizes bitcoin activities

Poland’s Central Statistical Office has recognized the trading and mining of digital currencies as an official activity, CoinDesk reported.

The government has been releasing a number of documents clarifying the legal status of bitcoin in the country. Last November, the Polish Ministry of Finance noted that "there is a lack of a general, legal definition of virtual currency … in international, European and national law".

The ministry said that digital currencies are not subject to any separate regulation under Polish legislation, but are subject to income tax. It added:

"It should also be stressed here that their use in Poland is fully legal."

According to the recently published document, companies engaging in digital currency trade and production can apply to obtain an official PKD 64.19.Z registration when filing their entities with the official court register.

In addition, the Polish government has set up a task force on blockchain and virtual currencies, for exploring the legal and financial implications of digital currency use in the country. Established under the Polish Ministry of Digital Affairs, the task force is part of the government’s "From Paper To Digital Poland" program.

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