PANews February 14 News, according to Cryptopolitan, Polish President Karol Nawrocki has once again vetoed the government’s proposed Cryptocurrency Market Act. The bill aims to incorporate the EU’s Crypto Asset Market Regulation into Polish domestic law but has been criticized for imposing stricter regulations on local crypto businesses than EU standards. Controversies include granting the Polish Financial Supervision Authority excessive oversight powers, such as the authority to suspend or prohibit the public issuance and trading of crypto assets, as well as to sanction non-compliant intermediaries. The bill also stipulates that token issuances or services not reported to the KNF will carry criminal liability, with the most serious violations potentially resulting in fines of up to 10 million zloty (approximately $2.8 million).
Earlier in December last year, the Polish president vetoed a bill that would have implemented strict regulations on the crypto asset market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
DAO Infrastructure Provider Tally Announces Shutdown
DAO infrastructure provider Tally announced it is shutting down operations, citing changes in the US regulatory environment that have reduced demand for decentralized governance. The chief executive pointed out that previous strict regulations prompted projects to adopt DAO structures, while the current lenient environment has made them no longer considered a necessary choice.
GateNews3m ago
US Democratic Lawmakers Propose Ban on Officials Using Inside Information to Trade Prediction Markets
Gate News: On March 17, U.S. Senator Chris Murphy and Representative Greg Casar introduced a new bill called the BETS OFF Act, which proposes to prohibit government officials from engaging in prediction market betting while possessing inside information. The bill specifically targets suspected insider trading in events related to U.S. actions in Venezuela, Iran, and other locations, aiming to restrict officials from profiting from sensitive policy and military information.
GateNews13m ago
CFTC Confirms Phantom Not Required to Register as Broker for Self-Custody Services
Gate News bot message, according to AggrNews, the CFTC (Commodity Futures Trading Commission) will not require Phantom to register as a broker for self-custody activities, as stated on the website. This clarification addresses Phantom's regulatory status regarding its self-custody operations.
GateNews56m ago
South Korea Police Issue New Crypto Seizure Guidelines
South Korea's National Police Agency has developed guidelines for managing seized cryptocurrencies, focusing on privacy coins. This includes compliance for seizing, storing, and managing these assets, addressing challenges posed by anonymity and illegal activities.
TodayqNews1h ago
Trump Launches Federal Anti-Fraud Task Force Led by J.D. Vance
Donald Trump has taken a direct step to tackle rising financial crime by signing an executive order to create a federal anti-fraud task force. Announced on March 16, 2026, the initiative puts J. D. Vance in charge of leading the effort. The task force will coordinate federal agencies, investigate
Coinfomania3h ago
Buenos Aires Court Orders Polymarket Blocked in Argentina
A Buenos Aires court has ordered the blocking of the prediction market platform Polymarket, citing it as an unauthorized online betting system. Access restrictions and app removals are mandated, highlighting rising regulatory scrutiny on such platforms.
Decrypt4h ago
