The draft law on crypto-assets in Poland has reached the final stages of approval

By: incrypted|2025/05/16 18:45:05
0
Share
copy
Poland has published an updated draft law on cryptoassets.It involves the implementation of MiCA regulations, which forms the regulatory framework for crypto assets. According to the expert, the document is on the finishing line and may, if approved, enter into force as early as August. The crypto assets bill has been referred to the Standing Committee of the Polish Council of Ministers, according to the official website. It could potentially be approved as early as May 2025, after which it will be submitted to parliament.This is the draft “Ustawa o rynku kryptoaktywów”, which is actually an implementation of the MiCA regulation approved back in 2023. It is a framework regulation that aims to lay the foundation for the regulation of the crypto asset market in Poland. Its updated version was published on May 14, 2025.The bill covers several fundamental points, including licensing of service providers, disclosure responsibilities and a mechanism for general market oversight.According to the official website of the Center for State Legislation, the bill, already amended by the Legal Committee, has been referred to the Standing Committee of the Polish Council of Ministers for consideration. In a comment to Incrypted, financial regulation lawyer at DLK Legal Kamil Moson explained it this way:“In practice, this means that the government’s internal legislative process is approaching its final stage. The Council of Ministers is expected to adopt the draft this month, after which it will be submitted to parliament.” According to the expert, if the draft law gets the approval of both chambers, it could be adopted by July and enter into force in August. Apparently, the updated version of the bill includes a number of amendments. A memo from Dudkowiak & Putyra Business Lawyers says that the key changes include a grace period and the removal of the ban on lending.Specifically, the transition period for entities on the VASP registry will range from four months to nine months in some cases. Earlier, we reported that the presidential candidate in Poland promised to create a bitcoin reserve in case of his victory. But the National Bank opposed such an idea.Сообщение The draft law on crypto-assets in Poland has reached the final stages of approval появились сначала на INCRYPTED.

You may also like

What Is OpenClaw? How AI Agents Could Change Crypto Exchange Trading

OpenClaw is a rapidly growing open-source AI agent that can autonomously execute tasks and interact with software, including connecting to crypto exchanges through APIs to analyze markets and automate trading strategies. While this creates new opportunities for smarter trading, it also introduces security and operational risks. Through this article, WEEX aims to help users better understand the potential and risks of AI trading agents so they can explore new technologies while trading more safely and responsibly.

Ethereum 2029 Strawmap Guide: Ultra-Fast Consensus, Native Privacy, and the "Acceleration Variables" Brought by AI

Understanding Ethereum 2029 "Sketch": 7 Upgrades, 5 Major Goals, and a "Theseus's Ship" Style Reconstruction.

Altcoin ETF Surge: SOL and XRP Inflows Total $23 Million as Institutions Diversify

Key Takeaways Institutional interest in altcoin ETFs is expanding, with SOL and XRP showing significant inflows on March…

Vitalik Drops Ethereum Endgame Bombshell: ETH USD to $3,000?

Key Takeaways Vitalik Buterin introduces the “Sanctuary Tech” manifesto to address Ethereum’s non-financial limitations. A current lack of…

Exclusive: Yuliya Barabash Predicts the Most Regulated Could Be the Biggest Crypto Winners

Key Takeaways The aftermath of FTX and Celsius collapses has ushered a new regulatory era, reshaping the crypto…

iPhone Crypto Wallets Under Threat from State-Grade Malware

Key Takeaways: The Coruna exploit kit exploits 23 iOS vulnerabilities, threatening iPhone users’ crypto wallets. Initially state-level surveillance,…

Popular coins

Latest Crypto News

Read more