@coinbureau: Poland becomes the only EU country not to pass MiCA crypto bill

Here is the document: https://orka.sejm.gov.pl/proc10.nsf/ustawy/1424_u.htm. I asked Claude to download the document and compare it to Mica:

1. Criminal Sanctions - Poland adds up to 5 years imprisonment for unauthorized CASP operations and false whitepaper info. MiCA only requires administrative penalties.

2. Domain Blocking System - Poland creates a unique public registry of illegal crypto domains. ISPs must block within 48 hours, hosting providers must remove content, domains transferred to KNF. Not in MiCA.

3. Extended Transition Period - Existing virtual currency providers can operate until July 1, 2026 in Poland vs MiCA's December 30, 2025 deadline.

4. Marketing Restrictions for Small Offerings - Under the €1M exemption, materials can only reach <150 persons per member state and cannot target unidentified recipients. Stricter than MiCA's exemption.

5. Mandatory Reporting for All Non-EUR Stablecoins - Poland requires quarterly reporting for stablecoins in non-EU currencies regardless of size. MiCA only requires this above €100M.

6. Account Blocking Powers - KNF can freeze accounts for 96 hours initially, extendable to 6 months for suspected market abuse. Specific timeline not in MiCA.

7. Banks Can Directly Issue Tokens - Polish banks explicitly authorized to issue e-money tokens, asset-referenced tokens, and provide crypto services. MiCA leaves this to national implementation.

8. Crypto Collateral Rules - Detailed provisions on pledging crypto-assets as security for claims (Art. 11-12). Not addressed in MiCA.

9. Staff Training Requirements - Specific rules requiring competency assessments, mandatory training, supervision of unqualified staff, and management-approved training policies (Art. 4). MiCA's requirements are more general.

10. Consumer Protection Exclusion - Crypto services explicitly excluded from Polish Consumer Rights Act. MiCA doesn't harmonize consumer protection rules.