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Poland Blocks Crypto Licensing Under MiCA | Bitcoin and Crypto News
Description
Poland’s crypto industry faces a crisis as President Karol Nawrocki refuses to sign a law granting MiCA licenses, forcing firms to relocate licensing operations abroad or shut down. While MiCA aims to unify EU crypto rules, Poland’s resistance stems from fears of overreach by regulators, favoring banks over startups, and imposing burdensome compliance. Without domestic licensing, thousands of small businesses risk collapse, reshaping Poland’s digital economy. Yet, industry leaders agree MiCA is essential—and believe regulators will refine the framework to support innovation across Europe.
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