Poland Crypto Pause! đ”đ±
Polandâs crypto exchange law just hit a major speed bump as the Sejm (lower house) sent the revised CryptoâAsset Market Act back to the Sejm after the Senate tweaked it, delaying any final decision đŠâïž.
Senators removed a key amendment that slashed supervisory fees for token issuers and pushed fees higher, keeping the bill stuck in limboâindustry insiders are worried this could drive startups out and suffocate innovation đââïžđš.
$TRX
With the legislation now bouncing between the Sejm and Senate, the Polish Financial Supervision Authority (KNF) remains poised to gain broad powers like blocking exchanges, freezing assets, or imposing hefty finesâraising concerns that national rules may exceed EUâs MiCA standards and threaten the survival of smaller platforms đ«đž.
Critics say this backâandâforth could drag on into next year, prolonging uncertainty for crypto firms and investors alike, as the head of state may still reject the law after it passes again đđ.
This latest twist turns Polandâs crypto roadmap into a highâstakes political chess matchâwill lawmakers settle on a balanced framework or continue overregulating to the detriment of local innovation? đ€âïž
As the nationâs crypto future hangs in the balance, everyoneâs watching closelyâthis pause could define Eastern Europeâs digital asset landscape for years! đđ