Polish lawmakers back revised crypto bill after repeated vetoes

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Source: Sejm RP The vote marks the third attempt by the government to pass a crypto bill following two earlier presidential vetoes, with lawmakers favoring the state-backed approach over three competing draft bills. After Nawrocki vetoed two earlier government-backed crypto bills, lawmakers returned this week to a debate over four competing proposals. Parliament’s latest vote was based on a consolidated committee text incorporating government bill 2529 alongside competing proposals from the president (No. 2528), Confederation (No. 2530), and a parliamentary draft (No. 2363), according to official records. Source: Crypto Patel The opposition Law and Justice party (PiS) also submitted a separate draft bill proposing a complete ban on all crypto-asset activity in Poland, according to local media. Market participants and crypto commentators reacted critically to the latest Sejm vote, with some expecting the president to veto the legislation again, as repeated parliamentary approvals have not resolved key disputes over supervisory powers and enforcement under KNF. Critics highlighted ongoing concerns over account and domain blocking provisions, which they say remain largely unchanged despite earlier presidential objections, while proposed safeguards such as stronger judicial oversight were not included in the final text. They warned that continued deadlock could prolong regulatory uncertainty as Poland aligns with the EU’s MiCA framework ahead of upcoming implementation deadlines in July. Source: Tomasz Mentzen The latest debate has also been shaped by a deepening scandal around Zondacrypto, after prosecutors launched a fraud probe and thousands of users were reportedly unable to withdraw funds. Related: Estonia's FSA issues investor warning about Zondacrypto The issue has entered Polish politics, with Prime Minister Donald Tusk alleging links between Zondacrypto and Russian capital and influence, citing its early history and later development under new ownership. Tusk also argued that the lack of a full investor protection framework delayed regulatory action, pointing to Poland’s repeated delays in aligning with the EU’s MiCA rules. Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026 More on the subject

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