Poland Approves MiCA Crypto Bill on Friday as $96 Million Zondacrypto Fraud Probe Deepens

According to Reuters, Poland’s parliament approved a government-backed bill to implement the EU’s Markets in Crypto-Assets Regulation (MiCA) on Friday (May 15), with the country required to adopt it by July or risk domestic firms losing authorization to provide crypto services.

The parliamentary adoption comes as Polish prosecutors intensify a fraud probe into Zondacrypto, the country’s largest digital asset exchange, where thousands of users have been unable to withdraw funds and estimated losses exceed 350 million zlotys ($96 million).