Poland Reintroduces Cryptocurrency Legislation to Align with EU MiCA Regulations

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 2d ago

Poland's Crypto Bill Resubmission: The Polish government has reintroduced the 'Crypto-Asset Markets Law' to align with EU regulations after a previous veto, focusing on national security concerns related to Russia.
No Changes Made: The resubmitted bill remains unchanged from the original proposal, which was vetoed due to incomplete security risk information, and aims to establish regulatory standards compatible with the EU.
Oversight and Compliance: The Polish Financial Supervision Authority (KNF) will oversee compliance, enforcing licensing and introducing requirements for crypto-asset service providers, including stablecoin reserves.
Market Impact: The regulatory alignment is expected to strengthen market oversight and investor protection, while Ethereum's price has seen a decline, reflecting broader market trends.

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.

Poland Reintroduces Cryptocurrency Legislation to Align with EU MiCA Regulations

About the author

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