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Poland Passes Crypto Bill as Fraud Probe Deepens Political Divide

Bitcoin Magazine
Poland has passed new cryptocurrency legislation to align with EU regulations amid a major fraud investigation involving the exchange Zondacrypto.

Summary

Polish lawmakers have passed a cryptocurrency bill designed to align the country with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The move comes as authorities investigate the collapse of Zondacrypto, a major exchange linked to a $96 million fraud and allegations of foreign influence. The legislation faces political uncertainty, as President Karol Nawrocki has previously opposed similar measures, while some opposition lawmakers push for a complete ban on crypto business activities.

(Source:Bitcoin Magazine)