Polish lawmakers accepted a government-backed invoice Friday to carry the nation’s crypto market below the European Union’s Markets in Crypto-Belongings Regulation (MiCA) framework, after President Karol Nawrocki twice vetoed earlier variations.
The vote came about on Friday throughout the 57th sitting of the Sejm in Warsaw, the place lawmakers adopted the laws in a 241–200 choice, according to official parliamentary information.
Backed by the Ministry of Finance, the accepted invoice (No. 2529) designates the Polish Monetary Supervision Authority (KNF) powers to supervise market members, impose administrative sanctions and quickly block accounts and transactions.
Supply: Sejm of the Republic of Poland
The vote marks the third try by the federal government to cross a crypto invoice following two earlier presidential vetoeswith lawmakers favoring the state-backed strategy over three competing draft payments.
Poland’s crypto regulation break up: 4 competing payments amid rising tensions
After Nawrocki vetoed two earlier government-backed crypto payments, lawmakers returned this week to a debate over 4 competing proposals.
Parliament’s newest vote was primarily based on a consolidated committee textual content incorporating authorities invoice 2529 alongside competing proposals from the president (No. 2528), Confederation (No. 2530), and a parliamentary draft (No. 2363), according to official information.
Supply: Crypto Patel
The opposition Regulation and Justice social gathering (PiS) additionally submitted a separate draft invoice proposing an entire ban on all crypto-asset exercise in Poland, according to native media.
Group expects one other veto regardless of Zonda controversy
Market members and crypto commentators reacted critically to the newest Sejm vote, with some anticipating the president to veto the laws once more, as repeated parliamentary approvals haven’t resolved key disputes over supervisory powers and enforcement below KNF.
Critics highlighted ongoing issues over account and area blocking provisions, which they are saying stay largely unchanged regardless of earlier presidential objections, whereas proposed safeguards comparable to stronger judicial oversight weren’t included within the ultimate textual content.
They warned that continued impasse may lengthen regulatory uncertainty as Poland aligns with the EU’s MiCA framework forward of upcoming implementation deadlines in July.
Supply: Tomasz Mentzen
The newest debate has additionally been shaped by a deepening scandal around Zondacryptoafter prosecutors launched a fraud probe and 1000’s of customers had been reportedly unable to withdraw funds.
Associated: Estonia’s FSA issues investor warning about Zondacrypto
The difficulty has entered Polish politics, with Prime Minister Donald Tusk alleging links between Zondacrypto and Russian capital and influenceciting its early historical past and later improvement below new possession. Tusk additionally argued that the shortage of a full investor safety framework delayed regulatory motion, pointing to Poland’s repeated delays in aligning with the EU’s MiCA guidelines.
Journal: How crypto laws changed in 2025 — and how they’ll change in 2026
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