Poland Approves Strict Crypto Law Under EU MiCA Rules
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BTCCSquare news:
Poland's Sejm passed the Crypto-Asset Market Act, aligning with EU MiCA regulations. The bill, approved 230-196, places crypto service providers under the Financial Supervision Authority (KNF). Opposition parties backed the measure while the ruling PiS party opposed it.
The legislation establishes a licensing regime for Crypto Asset Service Providers (CASPs), subjecting them to KNF oversight. Non-compliance carries severe penalties. This move standardizes Poland's framework with broader EU crypto market rules.
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