President Karol Nawrocki previously rejected the legislation as too complex and costly for smaller firms, but the centrist ruling coalition is stressing its national security importance, amid concerns over crypto-funded crime and espionage. The EU’s Markets in Crypto-Assets (MiCA) regulations require member states to name an authority to regulate the crypto market. Firms involved in the sector risk losing their licenses by June next year if the bill isn’t passed, Polish officials have warned.
