Deep Tide TechFlow News, April 21, according to Cointelegraph, the Polish parliament has still not passed the domestic legislation corresponding to the EU’s crypto asset market regulatory framework, MiCA, making it the last EU member state with outstanding related legislation. As the MiCA transition period ends on July 1, if the bill continues to be delayed, local crypto firms’ compliance operations in the European market may face even greater obstacles, and some companies have already considered relocating to countries such as Latvia and the Czech Republic. Previously, Polish President Karol Nawrocki vetoed the bill twice on the grounds that the regulatory burden was too heavy and could potentially impact small businesses.

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