Poland crypto regulation tightens with MiCA CASP licensing
Poland crypto regulation intensified as the Sejm passed the Crypto-Assets Market Act, aligning domestic rules with the EU MiCA framework. Under the new regime, all crypto-asset service providers – trading platforms, custody wallets, payment processors and token issuers – must obtain a CASP license from the Polish Financial Supervision Authority (KNF) by July 1, 2026. Firms must meet minimum capital requirements, pay ongoing compliance fees, undergo external audits and enforce strong AML/KYC controls. Unlicensed operators face heavy fines and criminal penalties. Poland crypto regulation aims to enhance market stability, transparency and investor protection but raises entry barriers and operational costs. Traders should monitor potential service consolidation, liquidity shifts and fee changes as smaller providers exit.
Bullish
Enhanced regulatory clarity through the Crypto-Assets Market Act and alignment with the EU MiCA framework is likely to attract institutional investors and boost market confidence, making the overall impact bullish. While higher compliance costs and potential consolidation may temporarily reduce liquidity, the long-term benefits of improved transparency, investor protection and standardization outweigh short-term drawbacks. Traders can expect a more stable trading environment and increased institutional participation over time.