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The Defiant

Poland’s Lower House Backs Crypto Freezes Under Broader Sanctions Bill

By The Defiant Team

Listed customers could lose access to exchange-held assets before a court reviews their designation, and an appeal would not automatically lift the restrictions.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Sanctions

Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.

Sanctions are used to pressure governments without military action, with costs for both sides.

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