Poland’s lower house of parliament, the Sejm, passed Bill 1424 to regulate the country’s crypto market. The legislation is consistent with the European Union Markets in Crypto-Assets (MiCA) framework. It obligates all crypto asset service providers (CASPs), such as exchanges, issuers, and custody platforms, to be licensed by the Polish Financial Supervision Authority (KNF). Lawmakers require CASPs to submit detailed applications covering corporate structure, capital adequacy, compliance, risk management, and anti-money laundering procedures.