Crypto Today: Strict Crypto Law Advances in Poland
Today in crypto, significant developments occurred including the approval of a strict bill regulating the crypto asset market in Poland. Lawmakers in the Sejm passed the Crypto-Asset Market Act, which introduces stringent licensing regimes for crypto asset service providers and aligns Polish regulations with the EU framework. The bill faces backlash for imposing heavy fines and possible prison sentences for non-compliance. Meanwhile, the blockchain Hyperliquid launched its Hypurr NFT collection, with one NFT selling for a staggering $467,000. Additionally, Pavel Durov, co-founder of Telegram, alleged that French intelligence officers pressured him to censor political content related to Moldova's elections, which he refused to comply with. The proposed regulations and events in the NFT market highlight significant shifts in both governance and innovation within the crypto ecosystem.
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