Applying for a CASP license in Poland under the MiCA, Regulation (EU) 2023/1114 is not just about ticking boxes. Regulatory expectations for directors go far beyond formalities. They require demonstrable experience, regulatory awareness, and physical presence within the EU.This guide outlines the specific criteria a prospective CASP director must meet — based on MiCA and ESMA recommendations. 1.…
On 15 May 2025, Ministry of Finance published a new draft of the Polish Act on Crypto Assets Market. It is a key step in adapting MiCA, Regulation (EU) 2023/1114 in Poland. The draft contains important updates for Virtual Asset Service Providers (VASPs) preparing to apply for a CASP license in Poland. The changes primarily concern an extension…
In previous updates, I provided a detailed overview of the ongoing legislative efforts to adopt the MiCA, Regulation (EU) 2023/1114 in Poland. We have now entered May 2025, and the situation remains unresolved. The legislation adapting MiCA — the “Polish Act on the Crypto-Assets Market” — to national law is still being finalized. Many companies planning to apply…
Poland has yet to adopt national legislation transposing the MiCA, Regulation (EU) 2023/1114, but legislative work is gaining momentum. According to information provided by Gazeta Prawna, the government is set to update the draft of Polish Act on Crypto-asset Market in March 2025. What does this mean for CASP license in Poland? Recent updates on Poland's MiCA adaptation…
The new year brings significant changes to the legal framework for Crypto Assets Service Providers in Poland and across Europe. On December 30, 2024, MiCA, Regulation (EU) 2023/1114, became applicable. However, Poland remains one of the few EU Member States that has not yet enacted legislation implementing MiCA solutions into its national legal framework.This situation has introduced a…
On December 2, 2024, a new version of the Polish Act of the Crypto-Assets Market was published. As a reminder, this law introduces mechanisms necessary for the implementation the Markets in Crypto-Assets Regulation (MiCA) into the Polish legal framework.The draft is still not final. It will require adoption by the Polish Parliament and signing by the President. Therefore,…
The legal framework for businesses in the field of cryptocurrencies will undergo a revolution in Poland and Europe in 2025. This is due to the entry into force of The Markets in Crypto-Assets Regulation – MiCA and the necessity of obtaining a new CASP license in Poland. However, in 2024, it is still possible to entry in the…