Crypto Community Alarmed as Poland Green-Lights Bill with Criminal Penalties
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A new crypto bill passed in Poland is sparking significant concern within the digital asset community due to its restrictive and punitive nature.
Beyond creating a mandatory licensing system, the legislation introduces severe consequences for violations, including prison terms of up to two years and massive financial penalties.
The bill designates the KNF as the primary crypto regulator, requiring all service providers to submit to its oversight. This hardline approach has drawn intense scrutiny as the proposal now moves to the Senate for final consideration.
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