MetaMask, one of the major cryptocurrency wallets, has rolled out MetaMask Agent Wallet, a non-custodial wallet that enables AI agents to autonomously execute DeFi activities such as swaps, perpetuals trading, prediction markets, and liquidity provisioning.

 

 

According to the MetaMask team, the new wallet is designed for crypto native traders, automators, and builders who already understand on-chain workflows and want these tasks executed by agents. Because the wallet supports multiple agentic platforms, users are not required to adopt a single framework. Compatible platforms include OpenClaw, OpenAI Codex, Claude Code, Nous Research Hermes Agent, and Cursor.

 

"The next great expansion of the on-chain economy will not be driven by humans alone. Machine intelligences will increasingly transact, coordinate, and verify one another on crypto rails because crypto protocols are uniquely well designed for autonomous actors," Consensys co-founder Joseph Lubin said in a statement.

 

"Agents will manage real capital and make real financial decisions, and the infrastructure underneath has to be worthy of that. MetaMask Agent Wallet is the first agent wallet built with comprehensive full-stack security for that world, one where agents act with autonomy, security is mandatory, and the person behind the agent stays in control."

 

To maintain a high level of wallet security, MetaMask has implemented several security mechanisms, including a Trusted Execution Environment (TEE) that protects users' private keys.

 

The MetaMask team has also implemented Transaction Simulation, which allows users to preview the outcome of a transaction before it is sent on chain; Transaction Shield Threat Scanning, powered by Blockaid, which detects potential threats before execution; Smart Transactions MEV Protection, which scans transactions for potential Maximal Extractable Value (MEV) exploitation; and Transaction Protection Coverage, which provides coverage of up to $10,000 per month. These mechanisms are designed to ensure that AI agents operate within defined security constraints while maintaining a degree of autonomy.

 

The MetaMask Agent Wallet will initially be available to a limited group of traders and developers through an early access program. The program will provide access to two operating modes: Guard Mode, the default with stricter controls, and Beast Mode, with fewer restrictions.

 

The launch of the new self-custodial wallet comes shortly after MetaMask co-founder Dan Finlay announced his departure from the company, citing a desire to spend more time with his family. Consensys, MetaMask's parent company, also recently partnered with SG FORGE, a subsidiary of French banking group Société Générale, to integrate the USDCV stablecoin into the MetaMask wallet.

 

 

Mastercard is expanding its stablecoin settlement capabilities to support intraday, weekend, and holiday settlements using both fiat currencies and on-chain card settlements.

 

 

According to Mastercard, the expansion is aimed at providing users across the company's global payments network with greater flexibility, allowing them to better manage liquidity and gain greater control over how their money moves. The expansion is also expected to facilitate transactions that depend on timing and transparency, including cross-border payments, treasury operations, and payouts.

 

"The next phase of stablecoin adoption is about real-world utility, especially in settlement, where timing and liquidity matter most," said Raj Dhamodharan, executive vice president of Blockchain & Digital Assets at Mastercard.

 

"By introducing intraday and weekend settlement options across our global network, we're expanding how partners manage liquidity and operate in an always-on digital economy while maintaining the trust, resilience, and safeguards they expect from Mastercard."

 

With this expansion, Mastercard will support additional stablecoins, including Paxos's PYUSD, USDG, and USDP; Ripple's RLUSD; and SoFi's SoFiUSD, in addition to Circle's USDC, which it already supports. These stablecoins will be supported across multiple blockchain networks, including Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo, and XRPL.

 

ARQ (formerly known as DolarApp), CBW Bank, Cross River, Lead Bank, and Nuvei will be among the first companies in the United States and Latin America to support Mastercard's stablecoin settlement options, with further expansion expected throughout the year.

 

Mastercard's addition of more settlement options comes shortly after the payments giant acquired BVNK, a leading stablecoin infrastructure company, in March. The acquisition is part of Mastercard's broader strategy to connect on-chain payment rails with traditional fiat rails.

 

Mastercard is currently one of the world's largest payment processing networks, with more than 150 million merchant locations across 210 countries and territories. The company processed approximately $10.6 trillion in gross dollar volume (GDV) and reported net revenue of about $8.4 billion in the first quarter of this year.

 

 

Solayer, a hardware-accelerated Layer 1 blockchain and Solana’s first restaking platform, has launched the mainnet of Margin Trade, its new on-chain perpetual trading platform

 

Margin Trade is a Solana native, on-chain perpetuals trading platform that aims to bridge crypto native on chain trading with traditional finance (TradFi) instruments in a unified environment, making it possible for users to trade different asset classes, including cryptocurrencies, commodities such as silver and gold, and synthetic equity indices, all in one place.

 

By leveraging Solayer’s low-latency InfiniSVM infrastructure, Margin Trade delivers high-performance on-chain trading, enabling traders to benefit from real-time trade execution, high throughput, low fees, full transparency, and self-custody of their assets.

 

“Most perpetual futures trading infrastructure today remains siloed across separate markets and fragmented collateral account structures,” said Joshua Sum, Solayer’s Chief Product Officer.

 

“Margin Trade is designed to bring capital efficiency, real-time execution, and multi-asset exposure into a unified environment that feels closer to the vision of truly global financial markets than traditional trading platforms.”

 

Margin Trade is being developed by a team of professionals, including former traders from leading financial institutions and crypto exchanges such as Citadel and Kraken. The platform combines the speed and efficiency of centralized exchanges with the transparency, permissionless nature, and self-custody principles of decentralized finance (DeFi).

 

About Solayer 

Solayer, also known as Solayer Labs, is a blockchain infrastructure company building a next-generation execution layer for real-time financial applications. Its goal is to create on-chain infrastructure that matches or exceeds the speed and performance of traditional financial systems.

 

Since its launch in 2023, the Solayer team has raised $12 million in funding. The company has also launched InfiniSVM, a hardware-accelerated Layer 1 blockchain built on the Solana Virtual Machine (SVM). According to the company, the network is capable of achieving up to 1,000,000 transactions per second and throughput exceeding 100 Gbps.

 

Margie Feng, Solayer’s Head of Marketing, is also scheduled to speak at the upcoming Rare Evo 2026 conference, which will be held from July 28 to July 31 this year.

 

 

Binance is winding down its centralized non-fungible token (NFT) platform and has instructed users to move their NFT assets before July 3, 2026.

 

Although the shutdown was framed as an "upgrade" by the exchange, users have been urged to transfer their NFT assets from the Binance NFT marketplace to the Binance Wallet, which the exchange says will now support NFT custody.

 

 

Users holding transferable NFT assets have been given one month's notice, until July 3, 2026, to move their NFTs to either their Binance Wallet or any other compatible wallet of their choice, or risk losing access to any NFTs that remain unwithdrawn.

 

As for users holding non-transferable NFTs, those assets will neither be withdrawable nor transferable because they were originally coded to prevent withdrawal and transfer. However, Binance said through Binance Academy that it will issue PDF certificates to users who have completed courses on the Binance Academy platform.

 

To facilitate the prompt withdrawal of NFTs from its marketplace, Binance said it will reimburse 1 USDC to up to 100,000 users withdrawing general NFTs from the platform. The 1 USDC reimbursement represents the estimated cost of withdrawing a single NFT. For users holding CR7-themed NFTs, Binance said it will refund the full withdrawal fees.

 

Declining NFT Market

The NFT market has experienced a dramatic decline in recent years, falling sharply from its 2021 and 2022 peaks. At its height, the market was valued at an estimated $17 billion to $24 billion, with monthly trading volume surpassing $4 billion.

 

However, market conditions have changed significantly, and the sector has fallen to historic lows. The global NFT market is currently valued at approximately $1.5 billion, representing a decline of more than 90% from its 2022 peak. Monthly trading volume has also dropped substantially and now ranges between roughly $400 million and $720 million, well below the peak level of more than $4 billion recorded in 2022.

 

Several NFT platforms, including Magic Eden, X2Y2, Zora, and Nifty Gateway, have either scaled back parts of their operations, significantly reduced their activity, or shifted their focus away from the NFT market, citing the sector's prolonged downturn.

 

MoneyGram has launched MGUSD, a U.S. dollar pegged stablecoin on the Stellar blockchain network, aimed at facilitating cross border transfers and remittances.

 

According to MoneyGram, the MGUSD stablecoin is designed to serve non crypto native users, particularly people who regularly move money across borders and those with little or no access to local financial services, including individuals living in high inflation markets.

 

 

By launching MGUSD, MoneyGram aims to provide these users with greater financial stability, enabling them to hold and access their dollar denominated MGUSD assets around the clock and convert MGUSD into local currencies whenever they choose, from anywhere in the world and on their own terms.

 

"The stablecoin market has largely focused on the asset itself. MoneyGram is taking a fundamentally different approach. Starting with our distribution platform, we're using stablecoin as a foundation to build future applications on our global network," said Anthony Soohoo, Chairman and Chief Executive Officer of MoneyGram.

 

"MGUSD is the stablecoin we built for our customers, for the families sending money home and for the billions of people around the world with limited financial access."

 

The launch of MGUSD was made possible through partnerships with several companies involved in the project. These include Stellar, which provides the blockchain on which MGUSD is issued; Bridge, a Stripe owned company that serves as the regulated issuer of the stablecoin; M0, which provides the smart contract infrastructure for minting and burning the stablecoin; and Fireblocks, which provides custodial services.

 

MGUSD will be integrated directly into the MoneyGram app through a self custodial wallet that will allow users to view their dollar denominated balances. Although MGUSD has launched in the U.S. market, MoneyGram said it plans to expand the stablecoin's availability globally.

 

About MoneyGram 

MoneyGram is a global financial services company that provides fast, accessible cross border money transfers, particularly for people with limited access to traditional banking services. Its core mission is to make sending money across borders simple, reliable, and accessible to millions of migrant workers and their families.

 

In line with this mission, MoneyGram operates one of the world's largest networks, with nearly 500,000 agent locations worldwide and more than 5 billion endpoints. The company serves more than 60 million active users across 200 countries and territories.

 

 

Crypto's political machine keeps getting bigger, and now it's getting more specialized. A brand-new political action committee called Defend Developers PAC launched Wednesday with a pretty specific mandate: back the lawmakers who are willing to fight for legal protections for the people actually writing blockchain code.

 

The group describes itself as the first hybrid PAC focused exclusively on American crypto developers, DeFi builders, and blockchain technologists. It was federally registered just last month, and its founders say they plan to put six figures or more into dozens of congressional races before November.

 

Who's Behind It

The PAC was founded by Gavin Zavatone, who also serves as policy lead at the DeFi Education Fund, a trade group that lobbies for DeFi-friendly regulation in Washington. The board pulls together names from across the industry: Uniswap Labs, the Solana Policy Institute, the American Innovation Project, and Orca Creative all have representation.

 

"We plan to raise and contribute more than six figures across dozens of key races in the midterms, because crypto technologists deserve champions in Congress who will go to bat for them," Zavatone said in a statement. No specific dollar amounts have been disclosed yet regarding the PAC's initial funding, but the stated plan is to draw contributions primarily from crypto founders, CEOs, and builders who have a direct stake in how DeFi regulation shakes out.

 

A Different Kind of Strategy

What sets Defend Developers apart is who it plans to back. Rather than looking for new candidates to anoint or taking shots at incumbents it dislikes, the group says it will focus its money on lawmakers who are already in Congress and already working on these issues. The theory is that incumbent support carries more weight in shaping actual legislation, especially when that legislation, namely the Clarity Act, is still actively being negotiated.

 

Developer protections have emerged as one of the trickier sticking points in the Clarity Act talks. The bill, which cleared the Senate Banking Committee earlier this year with bipartisan support, still needs to navigate several unresolved issues before it can reach a floor vote. Defend Developers PAC is betting that funneling money toward lawmakers who are already shaping those negotiations is smarter than trying to build from scratch.

 

A Crowded Field With One Clear Leader

Let's be clear about where Defend Developers sits in the broader crypto PAC landscape: it's not challenging Fairshake anytime soon. The industry's dominant super PAC, backed by Coinbase, Andreessen Horowitz, and Ripple, entered 2026 with north of $191 million in its war chest and has been racking up wins all cycle.

 

Just this week, Fairshake went 11-for-11 in Tuesday's primaries, backing nine Democratic House candidates in California, one in New Jersey, and Republican Senator Mike Rounds in South Dakota. All of them won. That follows a dominant performance in Texas last week, where crypto-aligned PACs spent more than $9 million across both parties and delivered a notable defeat to Rep. Al Green, a longtime critic of the industry, who lost his seat to Christian Menefee. Fairshake has spent $6.5 million on that race alone.

 

The new PAC also doesn't yet rival mid-tier players like the Fellowship PAC, which is tied to Tether, or the Digital Freedom Fund, connected to Tyler and Cameron Winklevoss at Gemini. But it's also not trying to. Defend Developers is playing a narrower game, and that might actually be the point.

 

What To Expect Heading Into November

The launch of another crypto PAC is one more sign of just how much the industry has matured as a political force. Lobbying groups have reportedly spent well over $271 million swaying electoral outcomes since the start of 2026 alone, largely through advertising. The latest addition to that landscape signals that crypto's political operation is growing more specialized, not just bigger.

 

The Blockchain Association also organized a Washington fly-in this week, bringing former national security and law enforcement officials to Capitol Hill for briefings with staff from roughly 18 Senate offices. A virtual town hall with lawmakers was also scheduled for Thursday. The coordination across lobbying groups, PACs, and trade organizations is about as sophisticated as it's ever been.

 

With prediction markets roughly split on which party controls Congress after November, the crypto industry's bipartisan strategy is starting to look less like a compromise and more like a deliberate hedge. The general election stakes are high, and groups like Defend Developers are clearly trying to make sure that regardless of who wins, there will be friendly faces in the room when the serious DeFi legislation gets written.

 

Bitget, a global cryptocurrency exchange, has launched Reality, a real-world asset (RWA) platform that gives users access to tokenized traditional financial assets.

 

With Reality, Bitget aims to bring tokenized U.S. stocks and exchange-traded funds into its trading ecosystem, enabling access to financial instruments that have traditionally been difficult to access due to geographic restrictions, market hours, and settlement barriers.

 

 

The launch aligns with Bitget’s Universal Exchange (UEX) roadmap, which aims to transform Bitget from a crypto exchange into a global trading platform that allows users to trade cryptocurrencies, tokenized stocks, exchange-traded funds, commodities, forex, and other real-world assets through a single account using cryptocurrencies.

 

“Reality is built around Bitget’s 10% vision: by 2030, nearly 10% of financial assets could exist in tokenized form,” said Gracy Chen, Bitget CEO. “Stablecoins, faster blockchain settlement, and growing interest from major exchanges are pushing RWAs from experiment to market infrastructure. Reality is Bitget’s step toward making that future accessible to global users.”

 

How Reality Will Work 

Reality will be natively integrated into Bitget and serve as the exchange’s specialized arm for tokenizing traditional financial instruments. It will also serve as the primary layer for standardizing traditional market value in the crypto economy.

 

The Reality platform will issue rTokens to users, which are on-chain representations of publicly traded equities and exchange-traded funds (ETFs). Each rToken will be backed 1:1 by real shares held with a FINRA-registered, SIPC-protected U.S. broker-dealer.

 

To ensure the highest level of transparency, the Reality platform will be regularly audited by third-party auditors. These audits will provide a live proof-of-asset dashboard and CPA-level audit reports to ensure verifiable asset integrity at all times.

 

Reality will initially focus on providing tokenized exposure to selected U.S. stocks and ETFs, with the team introducing additional tokenized assets as the platform expands. However, access to the platform, including user eligibility, product availability, and trading features, will depend on applicable geographical laws and regional restrictions.

 

Bitget’s entry into the RWA tokenization industry comes as several institutions, including Payward, Bitwise, and Nasdaq, are tapping into the growing sector. The RWA tokenization market is currently valued at around $34 billion, with the Boston Consulting Group projecting it to reach $16 trillion by 2030.

 

 

Tether, the largest stablecoin issuer, has partnered with the Georgian government to launch GELT, a stablecoin representing the lari, the country’s official currency.

 

 

The partnership, announced on Monday, aims to create a financial ecosystem that supports cross-border commerce, fintech development, and broader access to programmable financial infrastructure across Georgia.

 

GELT will serve as a digital representation of the Georgian lari and will be designed to enable lower transaction costs, near instant settlement, programmable payments, and more efficient movement of value across digital financial systems.

 

“Together with visionary partners like Tether, Georgia is laying the foundations for a more connected, transparent, and digitally empowered financial world,” said Irakli Kobakhidze, Prime Minister of Georgia.

 

The launch of the GELT stablecoin is built on a regulatory framework created by the Georgian government and the National Bank of Georgia. In March this year, the National Bank of Georgia developed a framework governing the issuance of stablecoins.

 

The framework, officially known as “The Rule for the Initial Coin Offering of a Stable Virtual Asset by a Virtual Asset Service Provider,” sets out standards that must be met by all virtual asset service providers (VASPs) operating in the country, including requirements for 100 percent reserve backing, strong consumer protections, proper risk management, and full compliance with the country’s Anti Money Laundering (AML) standards.

 

“Stablecoins are no longer a niche financial instrument. They are becoming part of the infrastructure layer for global finance,” said Paolo Ardoino, CEO of Tether. “Georgia has moved early to create serious regulatory architecture for digital assets and stablecoins, and that clarity creates the foundation for real innovation and adoption.”

 

Georgia’s stablecoin framework is also designed to be compatible with other regulatory frameworks, including the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) and Markets in Crypto Assets (MiCA).

 

By partnering with Tether to launch the GELT stablecoin, Georgia becomes the first country to team up with a major stablecoin issuer to issue a government-supported stablecoin pegged to its national currency. The UAE has also launched a dirham-pegged stablecoin, but unlike Georgia’s GELT, that stablecoin was issued by local consortia rather than a major stablecoin issuer such as Tether.

 

The planned launch of the GELT stablecoin comes shortly after Tether launched its self-custodial wallet. In an effort to increase access to stablecoins, Qivalis recently expanded its consortium to include more banks, which are collectively working to launch a euro-pegged stablecoin.

 

Flipcash, a digital payment app founded by Ted Livingston, the founder of messaging app Kik, has partnered with Coinbase to launch USDF, a stablecoin pegged to the U.S. dollar.

 

 

According to Coinbase, the launch aims to make stablecoin issuance more accessible. Through the partnership, Flipcash can leverage Coinbase’s custom stablecoin platform to create its own stablecoin asset without having to handle much of the underlying technical complexity itself. As a result, Flipcash does not need to build an entire stablecoin infrastructure from scratch.

 

The USDF stablecoin will be issued on the Solana blockchain and will be 1:1 backed by USDC. It will also serve as Flipcash’s native currency. Since Flipcash allows users to create their own digital currencies, USDF will be the asset in which those currencies are priced and settled. It will serve as the settlement asset for trading digital currencies within the Flipcash app.

 

Coinbase’s Custom Stablecoin Platform 

Coinbase custom stablecoin, or stablecoin as a service, is a platform launched by Coinbase in 2025 that allows businesses to easily create and issue their own branded stablecoins backed by the United States dollar.

 

As the stablecoin market continues to grow and gain institutional adoption, Coinbase launched its stablecoin platform to make it easier for businesses to enter the stablecoin market, reducing the technical and compliance work associated with issuing stablecoins.

 

Stablecoins launched on Coinbase’s custom stablecoin platform, including USDF, which is the first stablecoin created on the platform, will maintain a 1-to-1 backing with USDC and will be supported across multiple chains, including Base and Solana.

 

About Flipcash 

Flipcash is a Solana-based non-custodial mobile wallet and digital payment app created by Canadian entrepreneur Ted Livingston in 2021.

 

It was created to digitize cash and make peer-to-peer payments as frictionless as possible. Through its “Currency Creator” feature, which officially went live last month, Flipcash allows anyone to create a fixed supply of digital currencies.

 

 

Deloitte, one of the Big Four professional services firms, has acquired Blocknative, a crypto infrastructure company, in a talent acquisition deal following Blocknative’s plan to wind down its operations.

 

The acquisition is not a full company buyout but rather a transfer of Blocknative’s talent pool to Deloitte, with the former Blocknative team set to drive Web3 innovation across Deloitte’s client portfolio.

 

 

The move, according to Blocknative, is aimed at leveraging blockchain and cryptographic technology to address the trust, coordination, and verification problems that hinder enterprise adoption of agentic artificial intelligence, particularly as several traditional financial institutions, including JPMorgan, Goldman Sachs, and Morgan Stanley, develop their own agentic AI solutions.

 

“This chapter of our work in the ecosystem is coming to a close: on mempool visibility, transaction orchestration, block building, MEV auctions, private order flow, transaction pricing, and more,” said Matt Cutler, Blocknative founder and chief executive officer.

 

“That work was shaped by our customers, the protocol teams, wallet builders, researchers, and institutions who pushed for better answers.”

 

With Blocknative winding down its operations, the company has announced that it will shut down its application programming interface (API) services on June 19, 2026, alongside its gas network, which relies on the API. Teams and companies that depend on the Blocknative API have been advised to begin migration planning, including testing, swapping, and confirming operational readiness, before the June 19 deadline.

 

The shutdown of Blocknative comes amid a wave of crypto company closures over the past few months. The last quarter saw more than 20 crypto companies restructuring or shutting down due to declining market conditions, high operational costs, and strategic pivots toward artificial intelligence, including Dmail, Balancer Labs, Magic Eden, and Tally.

 

About Blocknative 

Blocknative is a San Francisco-based blockchain infrastructure company that specializes in real-time observability and optimization tools for public blockchains, particularly Ethereum and other EVM-compatible Layer 1 and Layer 2 networks.

 

Before its planned shutdown, Blocknative had raised around 34 million dollars from investors and built a decentralized oracle gas network that provides real-time gas pricing data across more than 40 networks.

 

It has also served several notable blockchain companies, including the Ethereum Foundation, Curve Finance, and Tally.

 

 

Stablecoin infrastructure startup Checker has just raised over $8 million across pre-seed and seed funding rounds to accelerate development of its stablecoin network.

 

The funding round was led by Galaxy Ventures, Al Mada Ventures, and Framework Ventures, with participation from Onigiri, IGNIA, Cerulean, Aquanow, Commerce Ventures, Pharsalus Capital, SNZ Capital, DFS Lab, Breed, Overlook, Velocity, Bitso Business, and AirTM.

 

Other angel investors involved in the round include Stripe, Tala, Flutterwave, Mesh, ComplyAdvantage, and Superstate, among others.

 

 

With this new funding, the Checker team aims to accelerate its global expansion plans while building a credit infrastructure embedded within its platform that allows users to lend and borrow without always having to pre-fund their accounts. The team also plans to automate its operations by building AI agents to handle treasury management, back office operations, and predictive analytics, all aimed at helping the platform scale efficiently.

 

Another goal for the Checker team is to solve the fragmentation problem currently facing stablecoin infrastructure. Despite the growing adoption of stablecoins and tokenized assets, liquidity fragmentation, operational complexity, and compliance hurdles continue to hamper large-scale adoption, particularly among institutions.

 

While institutions have adopted several makeshift solutions to work around these hurdles, such solutions are often difficult to maintain and scale. This is the problem Checker aims to solve.

 

Through its single API, institutions can launch and scale products across trading, payments, treasury, and credit markets. Institutions do not need to worry about integrating multiple providers into their platforms, as Checker abstracts these complex integration processes into a single API connection.

 

About Checker 

Checker is a stablecoin infrastructure startup that allows financial institutions access to stablecoin and fiat liquidity through its single API platform. Its platform currently supports over 75 currencies, supporting over 50 liquidity providers, including exchanges, OTC desks, and banks. 

 

Since its launch, Checker has processed several billion dollars, processing over 43 billion within its first 12 months of operation. It also serves several financial institutions across the US, Europe, Latin America, Africa, and Asia, notable among them are Rail, which was acquired by Ripple, and Brasa Bank in Brazil.

 

 

Lawmakers in the lower house of the Polish parliament, the Sejm, have passed a bill implementing the European Union Markets in Crypto Assets Regulation (MiCA), amid a probe into the collapse of Zondacrypto, the country’s largest cryptocurrency exchange.

 

The passage of the bill marks a third attempt after the president vetoed earlier versions proposed by lawmakers. Following the latest parliamentary approval, the bill now awaits the president’s decision before it can become law.

 

The Polish government has until July 1, 2026, the end of the transitional period, to implement the MiCA framework. If the deadline is missed, virtual asset service providers risk having their licenses expire. Without valid authorization, crypto firms in Poland would no longer be permitted to provide crypto asset services to clients in Poland or across the European Union.

 

As a result, affected companies may be forced to shut down their operations in Poland or relocate to another EU member state in order to obtain a crypto asset service provider license, which is generally more costly and time-consuming. This requirement applies primarily to domestic crypto entities, while foreign crypto companies operating in Poland are expected to remain unaffected by this policy.

 

Zondacrypto Collapse

The passage of the bill adopting MiCA comes as Polish prosecutors have launched an investigation into the collapse of Zondacrypto, the country’s largest cryptocurrency exchange.

 

Zondacrypto has halted withdrawals for thousands of users since December 2025, leaving many unable to access their funds. According to Polish authorities, about 30,000 users have been affected, with estimated losses exceeding 350 million zlotys ($95.93 million).

 

Amid Zondacrypto’s financial struggles and its admission that it lost access to a cold wallet holding about 4,500 BTC, allegedly linked to its former CEO, who has been missing since 2022, Polish Prime Minister Donald Tusk has alleged that the exchange’s collapse is linked to fraud and its existing ties with Russian mafia groups.

 

According to Tusk, Zondacrypto’s success comes from “Russian money linked to the so-called Bratva Mafia group and Russian intelligence agencies.” Describing its roots as sinister, Tusk accused Zondacrypto of sponsoring right-wing opposition politicians. By advancing the bill supporting MiCA, Tusk aims to reduce the ease with which cryptocurrencies are used to finance sabotage activities in the country.