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Poland’s lower house backs sanctions bill covering crypto freezes

By Cointelegraph by Helen Partz

The bill is now before the Senate and would broaden the grounds for adding people and companies to Poland’s national sanctions list.

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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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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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