President Karol Nawrocki vetoed a second MiCA crypto bill, saying it was “practically identical” to a previous version, leaving local companies in limbo ahead of a summer MiCA deadline. Poland’s president vetoed a second bill meant to align the country’s crypto rules with the European Union’s Markets in Crypto-Assets Regulation framework, deepening uncertainty for local platforms as a key transition deadline approaches. President Karol Nawrocki declined to sign Bill 2064 last week, marking the second veto of proposed legislation to implement the EU’s Markets in Crypto-Assets Regulation (MiCA), the president’s office said Thursday. Nawrocki vetoed a similar measure in December and described Bill 2064 as “practically identical” to the original Bill 1424 vetoed previously. The veto followed an announcement by the Polish Financial Supervision Authority (KNF), warning that Poland has not designated a competent authority to supervise the crypto market, highlighting the MiCA transition deadline of July 1, 2026. Read...
American restaurant chain Steak ‘n Shake said its nine‑month burger‑to‑Bitcoin strategy has driven same‑store sales growth and a $15 million Bitcoin reserve. Steak ‘n Shake said its same‑store sales have “risen dramatically” since it launched a burger‑to‑Bitcoin strategy in May 2025 that routes every Bitcoin payment into a corporate treasury reserve. In a Monday post on X, the US fast-food chain said that it had successfully combined a “decentralized, cash-producing operating business with the transformative power of Bitcoin,” and thanked Bitcoiners for making it possible. The chain did not provide figures or define what it meant by “risen dramatically.” Steak ‘n Shake began accepting Bitcoin at participating locations on May 16, 2025, in a phased rollout. Read more
TRM Labs says Monero usage remains above pre-2022 levels as darknet markets shift toward XMR, while unusual node behavior may offer investigators network-level clues. Monero activity has remained steady even as major cryptocurrency exchanges have pushed the privacy coin off their platforms, according to new research by TRM Labs. Data shows transaction usage in 2024 and 2025 stayed above levels seen before 2022, suggesting demand did not fade even after many big trading platforms removed or restricted the token over traceability concerns, TRM Labs said. In 2024, major exchanges, including Binance and Kraken, moved to delist or phase out Monero (XMR) over compliance concerns. Pressure increased this year when Dubai’s financial regulator banned privacy coins like Monero and Zcash (ZEC) on licensed platforms in the Dubai International Financial Centre (DIFC). Read more