Online Broker XTB Says Poland’s Crypto Gridlock Risks Expansion

Fast-growing trading platform XTB SA said its expansion plans are at risk from Poland’s political deadlock over regulating crypto assets.

The Warsaw-listed online broker, whose market capitalization stands near $3 billion after a 36% surge over the last four months, is waiting with its crypto-trading initiative until local authorities embrace European Union rules, known as the Markets in Crypto-Assets Regulation or MiCA.