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Poland’s crypto licensing deadlock gives foreign EU firms an advantage

A Sept. 4 vote left Polish crypto applicants waiting for a legal licensing route, while qualifying EU providers retain access to customers in Poland, according to CryptoSlate.

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Poland’s crypto licensing deadlock gives foreign EU firms an advantage
A Sept. 4 vote has left crypto businesses seeking authorization in Poland without a clear legal route, according to CryptoSlate. Domestic applicants remain unable to complete the licensing process, while qualifying providers based elsewhere in the European Union continue to have access to Polish customers. The regulatory impasse therefore creates an uneven position in the market: Polish applicants are waiting for a framework that would allow them to secure authorization, whereas eligible EU firms can continue serving customers in Poland. CryptoSlate said the situation is handing foreign EU providers an advantage as the licensing deadlock persists. The development is relevant to crypto businesses and market participants monitoring access conditions in Poland, although the supplied information does not specify when a domestic authorization pathway may become available or identify the firms benefiting from the arrangement.
Source CryptoSlate This is an original Moneyiar brief based on the cited source.
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