The implementation of MiCA in Poland has been quite dramatic; can the president still hold on?

View Original
MeNews
The Polish parliament has passed the MiCA implementation bill, while prosecutors are investigating nearly a hundred million dollars in fraud at Poland's largest exchange.
Poland incorporates the EU MiCA into its crypto-asset regulation through domestic legislation, requiring local implementation to be completed before July; otherwise, entities within its jurisdiction will lose the qualification to provide crypto services. The measure was previously vetoed multiple times by the president, but this time too the president can still exercise the veto power. The background is that the largest exchange, Zondacrypto, was involved in fraud, with losses exceeding 350 million zloty; the prime minister alleged that Russian capital and rival factions were behind it, reigniting the controversy over external interference. The founder went missing in 2022, and the current operator is reportedly in Israel, making extradition difficult and therefore prosecution hard.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned