PANews, February 28 — According to Bloomberg, Polish online broker XTB said that the political deadlock surrounding the European Union’s Markets in Crypto-Assets Regulation (MiCA) is hindering its crypto business expansion. XTB plans to launch crypto trading in Poland but has postponed it due to the country’s failure to align its regulations with MiCA. Polish President Karol Nawrocki has vetoed the relevant legislation twice, and financial regulators warn that if domestic institutions do not obtain licenses from other EU countries by July 1, they may lose the qualification to offer crypto asset services. XTB is considering applying for a crypto license in Cyprus as an alternative, but says this move would weaken its ability to attract customers and market in Poland.
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
CFTC: The US is becoming the global "crypto capital"
Chairman Michael Selig of the U.S. Commodity Futures Trading Commission announced a new regulatory approach to position the U.S. as a global crypto hub. The "Project Crypto Initiative" aims to enhance coordination with the SEC and clarify crypto asset classification while ensuring transparency in digital markets.
TapChiBitcoin38m ago
Bitcoin Reserve Dream in Vancouver, Canada Shattered! City officials claim it violates the Charter and recommend withdrawing the proposal.
Vancouver Mayor Ken Sim's proposed Bitcoin strategic reserve was recommended for withdrawal by the city government due to violations of the Vancouver Charter. The report states that Bitcoin is not a legitimate investment asset and considers internal human resource allocation. British Columbia has long banned local governments from including cryptocurrencies in their financial reserves to avoid unnecessary risks.
CryptoCity49m ago
US Treasury Submits GENIUS Act Crypto Report to Congress
The US Treasury Department has sent a new crypto report to Congress under the GENIUS Act. The document is about 32 pages long. It focuses on ways to track and stop illegal activity that uses digital assets. Officials prepared the report as part of a rule included in the law passed in July 2025
Coinfomania1h ago
Crypto Reporter: US Judges Show Divergent Attitudes Toward DeFi Developers, "Neutral Infrastructure" Could Become a Key Criterion
On March 10th, crypto journalist Eleanor Terrett pointed out that U.S. Judge Failla showed a different attitude when presiding over cases involving Tornado Cash and Uniswap developers, considering Uniswap as neutral infrastructure, while viewing Tornado Cash as involved in illegal financial activities, which could influence the future liability determination for DeFi project developers.
GateNews2h ago
A key step in US stablecoin regulation: OCC releases the first regulatory framework for payment stablecoin issuance
The Office of the Comptroller of the Currency (OCC) has released a federal rule proposal for payment stablecoin issuers to establish a unified regulatory framework for the stablecoin market. The draft restricts issuers from paying interest to holders, requires transparent reserve management, and sets capital requirements. This move marks the concretization of the U.S. stablecoin regulatory system, aiming to ensure compliance and industry stability.
GateNews3h ago
South Korean court plans to exempt cryptocurrency investment debts: New bankruptcy restructuring regulations may change how individual crypto losses are handled
The Korean judicial system is reducing the debt burden of cryptocurrency investors through bankruptcy restructuring mechanisms, excluding some debts from liquidation, which may lead to cryptocurrency asset investment losses being considered as "ordinary property losses." This policy aims to address rising household debt levels but has also sparked controversy over moral hazard. The courts will strengthen review processes to prevent abuse and explore a balance between debt relief and risk control.
GateNews3h ago
