Crypto Firms

Australia’s financial regulator has warned crypto businesses relying on its no-action position to meet authorization conditions by Sept. 30. Firms that fail to act could breach financial services law from Oct. 1 and face civil or criminal penalties.

Poland has become the only EU member state without a functioning domestic crypto licensing regime as MiCA takes full effect. With President Karol Nawrocki repeatedly vetoing the implementing law, companies now face a choice between seeking licenses abroad or scaling down operations.