Poland's MiCA supporting legislation is incomplete, and some cryptocurrency companies plan to move overseas

According to Cointelegraph, the Polish parliament has not yet passed the domestic bill associated with the EU's Markets in Crypto-Assets Regulation (MiCA), making Poland the last EU member state to complete the relevant legislation.

As the MiCA transition period is set to end on July 1, if the bill remains stalled, local crypto businesses may face greater obstacles to compliance in the European market, with some companies considering relocating to countries like Latvia and the Czech Republic. Previously, Polish President Karol Nawrocki vetoed the bill twice, citing the regulatory burden it would impose and the potential impact on small businesses.