Polish Parliament Passes Strict Crypto‑Asset Market Regulation

Poland's Sejm has passed the Crypto-Asset Market Act, which mandates licensing for all crypto asset service providers by the Polish Financial Supervision Authority (KNF), with penalties including fines up to 10 million PLN and prison terms. The bill has sparked significant criticism, with concerns over its potential to disrupt Poland's crypto market. It now heads to the Senate for review and approval.

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