According to CoinPaper, Poland’s president Karol Nawrocki vetoed the proposed Crypto-Asset Market Act on Dec. 1, citing risks to civil liberties and excessive regulatory control over crypto-related websites. The veto halts the adoption of a strict national version of the EU’s MiCA framework and preserves current regulations. Meanwhile, Bitcoin trades near $93,000–$94,000, with analyst Crypto Caesar identifying a potential relief rally toward $105,000–$107,000. The analyst notes repeated support at $87,000–$89,000 and resistance above $100,000, suggesting the next move will determine whether Bitcoin sustains a recovery or faces a deeper correction.
Poland's President Vetoes Strict Crypto Bill, Bitcoin Eyes $105K-$107K Rally
CoinpaperShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.