Coinbase expands in Poland with Blik mobile payments integration

cointelegraphPubblicato 2025-12-18Pubblicato ultima volta 2025-12-18

Introduzione

Coinbase has expanded its payment options in Poland by integrating with the widely used mobile payment system Blik, through a partnership with European payment processor PPro. The move aims to simplify and accelerate crypto adoption by offering familiar local payment methods. This expansion occurs amid Poland's ongoing struggle to pass national cryptocurrency legislation, making it the only EU member state without a formal framework to enforce the Markets in Crypto-Assets Regulation (MiCA). Despite regulatory delays, Poland ranks eighth in Europe for crypto adoption. Coinbase holds a MiCA license, secured in June, allowing it to operate across the EU.

Major US cryptocurrency exchange Coinbase is expanding payment options in Poland by integrating with one of the country’s most widely used mobile payment systems.

Coinbase has partnered with European payment processor PPro to enable payments via Blik, a popular Polish mobile payment network with nearly 20 million users.

The announcement was made by Coinbase executive and NFT Paris co-founder Côme Prost, who joined the exchange in February 2024 to lead its French operations.

“Improving local payment rails is a key focus for us,” Prost said in a LinkedIn post on Wednesday, highlighting the importance of simple, fast and familiar payment options in driving crypto adoption.

Coinbase holds MiCA licence as Poland struggles to pass crypto bill

Coinbase’s local expansion comes as Poland struggles to pass cryptocurrency legislation amid political divisions. Last week, the Polish government reintroduced an identical version of a strict crypto bill that had been vetoed by President Karol Nawrocki just weeks earlier.

Coinbase holds a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), which it secured in June.

“It has been a pleasure working with the team at Coinbase to launch Blik on their platform to enable Polish customers to access Crypto,” PPro executive Tom Benson wrote in a LinkedIn post on Wednesday.

Source: Tom Benson

He added that he was confident the partnership with Coinbase would deepen in 2026 as the company adds more local payment methods and expands collaboration across additional areas.

Poland’s crypto adoption booming despite lagging local regulation

Crypto adoption in Poland has surged despite slow-moving local legislation, with the country emerging as one of the leaders in Chainalysis’ 2025 European Crypto Adoption report.

Poland is the only EU member state without a functioning national legal framework to enforce the MiCA regulation, even though the framework applies even without formal implementation.

Poland ranks eighth in Europe by total crypto received, according to Chainalysis’ 2025 European Crypto Adoption report. Source: Chainalysis

Following the president’s veto of the government’s bill, Poland is indeed the only EU member state without any step toward implementation,” Juan Ignacio Ibañez, a member of the Technical Committee of the MiCA Crypto Alliance, told Cointelegraph recently.

Related: Coinbase adds stock trading, prediction markets in ‘everything app’ push

“Not every country has a single implementation law,” he added, pointing to Germany and France, which have specific laws, while other member states, such as Spain and Luxembourg, rely on amendments to existing financial legislation.

Ibañez noted, however, that a lag in implementation does not mean all countries are equally advanced, nor does it imply that Poland is more hostile to crypto. Hungary, for example, has implemented MiCA with additional regulations that are “more unfriendly to crypto asset service providers than Poland,” he added.

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Bitcoin Withdrawals Continue: 8 Years of Storage in a Coldcard Cold Wallet Ended in Zero

Coldcard Hardware Wallet Hacked: Losses Mount Due to Vulnerable Seed Generation A critical vulnerability in Coldcard hardware wallets has led to a continued wave of fund thefts. According to Galaxy Research, the total stolen has reached 1,367.05 BTC (approx. $88.6 million) from 4,585 addresses, a significant increase from the initial 594.5 BTC reported on July 30, 2026. Most of the stolen funds remain on the attackers' addresses. The issue is not with the current firmware, which Coinkite has updated, but with seed phrases generated on vulnerable devices between March 2021 and the release of fixed firmware versions. Due to a programmer error, devices switched from using a hardware random number generator to the software-based Yasmarang generator, which was initialized with publicly accessible data like the chip's serial number. This made the seed phrases predictable through offline brute-force attacks, meaning wallets remain at risk until funds are moved to a new wallet generated with the patched firmware. Affected devices include Mk2/Mk3 with firmware 4.0.1–4.1.9 (and up to 5.0.3), Mk4/Mk5 up to version 5.6.0, and Q models up to 1.5.0Q. The only exceptions are seeds created with a high-entropy method like at least 50 independent dice rolls or a strong unique BIP-39 passphrase. All other owners must generate a new seed on the fixed firmware and transfer their assets. A case highlighting the human impact involves a 39-year-old long-term investor who lost 2 BTC (approx. $130,000) in minutes. He had accumulated the Bitcoin over eight years through physical labor, viewing it as a financial lifeline and a retirement plan in a country suffering from hyperinflation. His story underscores that even conservative "buy and hold in cold storage" strategies can be compromised by such underlying technical flaws. From a technical perspective, this incident echoes historical failures where weak random number generators undermined cryptographic security, challenging the assumption that offline storage is automatically foolproof.

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Bitcoin Withdrawals Continue: 8 Years of Storage in a Coldcard Cold Wallet Ended in Zero

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