Binance Updates Procedures in Poland to Align with EU MiCA Regulations

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jan 17 2025

Binance's Updated Procedures: Binance has updated its cryptocurrency deposit and withdrawal processes in Poland to comply with the EU's Markets in Crypto-Assets Regulation (MiCA), requiring additional information for transactions over 1,000 euros starting January 20.
Regulatory Context in Poland: Poland is advancing its crypto regulations, with a new draft law mandating Virtual Asset Service Providers to adopt a licensing system by mid-2025, while a presidential candidate aims to position Poland as a "cryptocurrency haven."

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Binance Updates Procedures in Poland to Align with EU MiCA Regulations

About the author

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