17:07 14 August 2019
BOŚ terminates contracts with payment operator Igoria Trade
NewConnect-listed payment operator Igoria Trade can only keep its accounts at Bank Ochrony Środowiska (BOŚ) until the end of this week because in mid-July the bank terminated the company’s contracts. This is another blow to Polish cryptocurrency owners. In July, the market was shaken by news of the collapse of the BitMarket exchange, which disappeared overnight cutting off users from bitcoins worth more than PLN 100 million. Soon after that, BOŚ froze the money of BitBay clients, a player many times bigger than BitMarket, for a few days. The clients did not have accounts at the state-owned bank directly, but through Igoria Trade, the payment operator. And although the money was quickly unblocked after the platform’s explanations, it turns out that this did not end the clients’ troubles.
