Deep Tide TechFlow News, February 28 — According to Bloomberg, Warsaw-listed online broker XTB SA stated that the political deadlock over cryptocurrency regulation in Poland is threatening its expansion plans. The company, valued at nearly $3 billion, has seen its stock price rise 36% over the past four months, but its cryptocurrency trading business plans have been put on hold until Polish authorities adopt the EU’s Markets in Crypto-Assets (MiCA) regulation. XTB is awaiting regulatory clarity before moving forward with related business development.
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Broker XTB Says Poland's Crypto Regulation Deadlock Threatens Its Expansion Plans
Deep Tide TechFlow News, February 28 — According to Bloomberg, Warsaw-listed online broker XTB SA stated that the political deadlock over cryptocurrency regulation in Poland is threatening its expansion plans. The company, valued at nearly $3 billion, has seen its stock price rise 36% over the past four months, but its cryptocurrency trading business plans have been put on hold until Polish authorities adopt the EU’s Markets in Crypto-Assets (MiCA) regulation. XTB is awaiting regulatory clarity before moving forward with related business development.