share_log

Poland has not completed the MiCA-related legislative framework, prompting some cryptocurrency firms to consider relocating overseas.

Breakings ·  Apr 22 06:41

As of April 22, the Polish parliament had yet to pass domestic legislation aligned with the EU’s Markets in Crypto-Assets (MiCA) regulatory framework, making Poland the last EU member state to fail to complete related legislation. With the MiCA transition period set to end on July 1, further delays in passing the bill could pose significant obstacles for local crypto companies seeking compliant operations within the European market. Some firms have already considered relocating to countries such as Latvia and the Czech Republic. Previously, Polish President Karol Nawrocki vetoed the bill twice, citing excessive regulatory burdens and potential adverse impacts on small businesses.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to EleBank. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.