Why Poland is the only EU country where crypto firms can't get a MiCA license
Poland remains the only EU member state without a functional domestic licensing system for crypto firms as the MiCA regulation takes effect. This regulatory deadlock forces Polish virtual asset service providers to either relocate to other EU jurisdictions or face potential closure.
Why it matters
The lack of local implementation threatens to displace Poland's 2,000 crypto startups, highlighting the friction between standardized EU-wide regulations and national legislative delays.
MiCA, the EU’s sweeping crypto rulebook, comes fully into force on Wednesday, ending a transition period that allowed companies to operate under older national regimes. Poland remains the only EU state without a fully functional domestic application and licensing system, even though the country has about 2,000 registered virtual asset service providers.
The article provides a balanced overview of the regulatory failure, incorporating perspectives from both industry executives and government spokespeople without taking a partisan stance.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in