Polish parliament approves revived crypto bill, heads to Senate

The legislation, which many have criticized for being overly restrictive for the digital asset market, was reintroduced with “not even a comma” changed, according to one lawmaker.

The Sejm, the lower house of Poland’s legislature, has again passed a bill that could impose restrictions on the cryptocurrency market, following the country’s president’s veto of an earlier attempt.

In a Thursday vote, Polish lawmakers voted 241 for and 183 against the Crypto-Assets Market Act, a bill previously vetoed by President Karol Nawrocki. On Friday, the bill was sent to the Senate for further consideration.

The crypto bill is intended to align Poland’s regulations with the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, with member states expected to transition by July 2026. The same version of the bill, which passed the lower house in September, received criticism from some lawmakers and industry advocates, who claimed it could threaten the country’s crypto market and its users. 

Read more

Read Entire Article


Add a comment