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Polish financial watchdog wants fintech privileges scrapped, citing gambling and Russian links
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Polish financial watchdog wants fintech privileges scrapped, citing gambling and Russian links

Poland's Financial Supervision Authority (KNF) has urged the Ministry of Finance to abolish privileges for payment start-ups operating as small payment institutions. The regulator argues these structures are being used to finance gambling operations and by entities linked to Russia. Legal experts are divided on whether full abolition of the category is necessary.

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