ℹ️ In Kazakhstan, at the initiative of the Ministry of Digital Development, Innovation and Aerospace Industry, the crypto fund Alem Crypto Fund has been established under the management of Qazaqstan Venture Group. The goal of the fund is long-term investments in digital assets and the formation of state financial reserves. Through its strategic partner Binance Kazakhstan, the fund made its first investment in the BNB token.
In the meantime:
📩 Poland has adopted a law on cryptocurrencies - the president promised a veto:
⚫Licensing: All crypto companies (exchanges, exchangers, custodians, token issuers) must obtain a license from the financial regulator KNF by June 30, 2026.
⚫Sanctions: Up to 10 million zlotys in fines or 2 years in prison for violations. Responsibility for the issuance of tokens and services without notifying the KNF.
⚫Powers of the KNF: Supervision of the crypto market, blocking fraudulent domains, maintaining a register of banned websites, controlling the issuance of tokens and e-money.
⚫Requirements: Mandatory notification of the start of activity, compliance with MiCA, disclosure of data by issuers.
⚫Market Criticism: The law is 104 pages long (the longest in the EU), with inflated entry barriers and the risk of companies relocating to other jurisdictions.
🧷 The law only passed the first reading in the Sejm. Now it will be considered by the Senate, after which the document will be submitted to the president, who has already expressed his intention to veto it in its current form. This means new months of delays in regulation.
#Kazakhstan #bnb #BNBInvesting #MarketRebound #BinanceSquareFamily
