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Poland introduces new rules for the cryptocurrency market:
🔴 Working without a license now carries criminal liability.
🔴 Fines can reach 10 million zlotys (around $120 000) and up to 2 years in prison.
🔴 Exchanges are required to keep clients' funds separate from their own funds.
🔴 The financial supervision (KNF) is gaining more powers.
The first Bitcoin ETF in Poland was launched earlier on the Warsaw Stock Exchange.