Key Takeaways Polish energy firm Orlen lost up to $424 million after a $230 million USDT advance for Venezuelan crude vanished via intermediaries. The failure highlights major counterparty risks when using tether as an off-ledger […]
Key Takeaways Marian Kmita replaced ousted head Radoslaw Piesiewicz at PKOl on Sept. 14 following corruption charges. Zondacrypto collapsed into a $94 million Ponzi scheme after signing a high-profile Olympic sponsorship. PKOl launched an immediate […]
Poland’s state-controlled oil refiner Orlen is making headlines, but not for the right reasons. According to the Financial Times report, the Polish oil company paid hundreds of millions of dollars in advance for Venezuelan oil. […]
Key Takeaways Poland’s parliament failed to override a crypto bill veto, forcing local firms to register abroad for MiCA. The vote follows the Zondacrypto scandal, which stole $94M and sparked a massive state corruption probe. […]
Key Takeaways Zondacrypto collapsed in a $94M scandal, prompting PM Tusk to call a re-vote on vetoed crypto rules. Repeated presidential vetoes left Poland in regulatory limbo and unable to enforce EU MiCA standards. Exchanges […]
Key Takeaways Revolut launched EURR in 3 countries, opening euro stablecoin access to its 80M+ customers. EURR could reshape Europe’s stablecoin market by reducing reliance on USDC and USDT. Revolut plans wider EEA rollout in […]
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