Polish prosecutors have opened a fraud investigation into cryptocurrency exchange Zondacrypto after chief executive Przemysław Kral departed for Israel, where his citizenship could prevent extradition, leaving up to 30,000 users facing losses tied to an inaccessible cold wallet holding 4,500 bitcoin. Key Takeaways: Polish prosecutors launched a fraud investigation into Zondacrypto, identifying losses of at […]
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Zondacrypto is facing allegations of fund misappropriation, as its CEO, Przemysław Kral, claims the exchange lost access to a wallet containing over 4,500 BTC. Kral stated that the wallet was sold to the exchange, but its former owner disappeared before delivering the private keys. Key Takeaways: Zondacrypto CEO Kral revealed the exchange lost access to […]
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The CEO of a cryptocurrency exchange Zondacrypto has described Poland’s interpretation of the EU’s Markets in Crypto-Assets regulation (MiCA) as a “major step backwards.” Key Criticisms of the Crypto-Asset Market Act The CEO of a Polish cryptocurrency exchange has joined a growing list of stakeholders criticizing the country’s interpretation of the European Union’s Markets in […]
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The Warsaw Stock Exchange (GPW) listed the Bitcoin BETA exchange‑traded fund (ETF), marking the bourse’s first ETF providing regulated exposure to bitcoin via CME‑listed futures, GPW said. The fund, approved by Poland’s KNF in June, uses FX‑hedging forward contracts to reduce investors’ sensitivity to USD/PLN swings and is supported by market maker Dom Maklerski Banku […]
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In a bold move that echoes recent calls from the U.S. to establish a Strategic Bitcoin Reserve, Sławomir Mentzen, a presidential candidate, has proposed that his country create its own Strategic Bitcoin Reserve. In a recent social media post, Mentzen outlined his vision for transforming Poland into a cryptocurrency haven, promising friendly regulations, low taxes, […]
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Sławomir Mentzen, a Polish presidential candidate, has vowed to create a Bitcoin reserve if elected in 2025.
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European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and medium-sized enterprises (SMEs) are struggling with disrupted payment systems and logistical challenges due to the sanctions. Italian businesses heavily reliant on Russian markets now face […]
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An exec said Worldcoin is seeing a “larger dynamic” in non-European countries, including those in the Asia-Pacific region and Latin American jurisdictions.
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Worldcoin has expanded its orb verifications to Guatemala, Poland, and Malaysia amidst a wave of concerns regarding the dangers of artificial intelligence and the difficulty of identifying bots and humans online. The organization also debuted a new tech called Face Auth, which allows apps to check if the previously registered person is the one using […]
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