Poland’s Stranglehold on Cryptocurrency Stirs Controversy
How do you choose to embrace innovation while imposing restrictions? This perplexing dilemma now shadows Poland as it introduces the Crypto-Asset Market Act, a sweeping piece of legislation that treads heavily on its cryptocurrency domain. The law, focused on crypto asset service providers (CASPs), establishes stringent regulatory hurdles that have ignited passionate discussions and fierce dissent among investors and industry advocates. As Poland attempts to ensure its regulatory approaches sync with the evolving European standards, the outcome could reshape the identity of its vibrant crypto community.
The Heavy Hand of the Crypto-Asset Market Act
Inspired by the European Union’s Markets in Crypto-Assets Regulation (MiCA), the…
