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Poland Passes EU MiCA Crypto Law With Zondacrypto Probe Deepening

The bill now heads to President Karol Nawrocki, who could still veto it.

Overview

  • Poland’s parliament approved the measure on Friday to put the EU’s MiCA rules into national law so crypto firms can keep their licenses after July.
  • MiCA sets one EU rulebook for crypto companies, covering licensing, supervision, and consumer safeguards that let providers operate across member states.
  • Prosecutors investigating Zondacrypto say thousands of users cannot withdraw money and losses exceed 350 million zlotys, according to official estimates.
  • Prime Minister Donald Tusk has pointed to possible Russian-linked funding behind the exchange, and Moscow has denied involvement in covert activity.
  • The exchange’s founder was reported missing in 2022 and his successor is reported to be in Israel, a fact officials say could complicate extradition.