5:41 2 July 2026
Crypto crunch begins
The European Union's new Markets in Crypto-Assets (MiCA) regime came fully into force on July 1, forcing cryptocurrency exchanges, bitcoin ATM operators and other digital asset providers without an EU license to suspend or significantly limit their services. Poland enters the new regulatory framework without implementing legislation, making it the only EU member state unable to issue domestic MiCA licenses. Industry experts estimate that as many as 80% of Europe's crypto service providers could exit the market or be absorbed through consolidation as compliance costs rise and licensing requirements tighten.
Many Polish firms have already relocated operations to other EU countries to secure authorization, while others are partnering with licensed providers abroad. Although investors will continue to have access to crypto trading through authorized platforms, analysts expect the market to become smaller, more concentrated and subject to significantly stricter regulatory oversight.
Source: bankier.pl
