Poland adopts controversial crypto law

Lawmakers in Poland have approved a bill designed to regulate the country’s cryptocurrency market in accordance with the latest EU rules.

Critics say, however, that the legislation goes beyond European requirements, stirring controversy, not just in the crypto community, but in Polish politics as well.

Crypto act passed amid concerns over excessive regulation

The Sejm, the lower house of Polish parliament, has adopted a new law implementing the European Union’s Markets in Crypto Assets (MiCA) regulations in the EU member state.

The legislation, which has been in the making for quite some time, aims to impose order in Poland’s crypto space, arguably the largest in Central and Eastern Europe.

It has been criticized, however,…

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