POLAND LEFT AS MICA OUTLIER IN THE EU

Summary from the TLDR Crypto newsletter

Poland's parliament failed to override the president's veto of its MiCA-alignment bill, leaving the country as the only EU member without a domestic MiCA framework. Germany, Malta, the Netherlands, and Lithuania are already issuing MiCA licenses. However, Poland's crypto market is booming anyway. It ranks 8th in Europe by on-chain value, with >50% YoY volume growth and ~7.9M people using crypto. Meanwhile, Italy is warning firms they must be fully MiCA-compliant or shut down by December 30, and Brussels is exploring a future model where a single EU-level supervisor regulates exchanges across the bloc, which could eventually reduce the impact of national holdouts like Poland.