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
Ruling sports betting contracts are derivatives! The U.S. CFTC blocks local enforcement efforts and pushes to take regulatory control of prediction markets
The U.S. federal government is working together with the CFTC and the Department of Justice to try to shift regulatory authority over Kalshi’s prediction markets from state and local governments to the federal level, arguing that sports-event contracts are financial derivatives. If the court supports this position, it will change the legal status of prediction markets and standardize regulation nationwide, reducing the influence of local gambling laws.
CryptoCity2h ago
Tether-linked Super PAC’s first $300,000 spending went to a company co-founded by the CEO, allegedly involving pay-to-play and favoritism.
A super political action committee affiliated with Tether filed paperwork with the U.S. Federal Election Commission showing that its first $300k expenditure went to Nxum Group, founded by Tether U.S. CEO Bo Hines, to buy campaign ads for Georgia Republican candidate Clay Fuller, raising questions about pay-to-play.
GateNews3h ago
Sports betting event contracts are derivatives! The U.S. CFTC blocks local law enforcement and seeks regulatory authority over prediction markets
The U.S. federal government is working with the CFTC and the Department of Justice to try to shift regulatory authority over Kalshi prediction markets from state and local governments to the federal level, arguing that contracts for sports events are financial derivatives. If the court backs this position, it will change the legal status of prediction markets and unify nationwide regulation, reducing the influence of state and local gambling laws.
CryptoCity5h ago
ClearBank receives MiCA approval to become a CASP, plans to launch EURC and USDC stablecoin services
ClearBank has recently been approved by the Netherlands Authority for the Financial Markets to become a provider of crypto-asset services. It will launch EURC and USDC stablecoin services, aiming to improve the efficiency of cross-border payments. It will also deepen its collaboration with a certain CEX by offering savings accounts that cover the Financial Services Compensation Scheme.
GateNews5h ago
French Lawmakers Push New Crypto Reporting Rules
_France advances new crypto reporting rules, tightens oversight, and considers new tax measures for digital assets._
France is moving forward with stricter crypto rules to improve transparency and control. Officials are taking steps from two directions at the same time. Thus, new policies are
LiveBTCNews6h ago
U.S. Senator Warns: The CLARITY Act should be passed as soon as possible, or the regulatory window will close until 2030
U.S. Senator Cynthia Lummis is calling for advancing the 《CLARITY Act》 legislation as soon as possible, warning that otherwise it may take nearly four years to restart the regulatory framework. The bill is intended to provide a clear regulatory structure for the crypto industry and to promote innovation and market development. Multiple industry figures and regulators support the legislation, emphasizing the need to avoid regulatory uncertainty.
GateNews6h ago
