Poland’s parliament has approved a new cryptocurrency law aimed at bringing the country in line with the European Union’s Markets in Crypto-Assets (MiCA) framework, marking a major step toward tighter regulation of the digital asset sector.
Lawmakers passed the government-backed bill on Friday during the 57th sitting of the Sejm in Warsaw. The legislation was approved in a 241–200 vote after months of political disagreement and earlier presidential vetoes.
Sejm uchwalił ustawę o rynku kryptoaktywów. Ustawa daje Komisji Nadzoru Finansowego kompetencje do kontrolowania podmiotów rynku, nakładania sankcji administracyjnych oraz czasowego blokowania rachunków i transakcji. pic.twitter.com/WGzmTA8wez
— Sejm RP🇵🇱 (@KancelariaSejmu) May 15, 2026
KNF gains wider powers over crypto market
The new law gives the Polish Financial Supervision Authority (KNF) broad powers to regulate crypto firms operating in the country. Under the bill, the regulator will be able to supervise crypto businesses, issue administrative penalties, and temporarily block accounts or transactions when necessary.
The legislation was backed by the Ministry of Finance and adopted as Bill No. 2529. It is Poland’s third attempt to pass crypto regulations linked to the EU’s MiCA framework after President Karol Nawrocki rejected two previous versions.
Lawmakers ultimately supported the government’s proposal over several competing drafts submitted by opposition groups and other parliamentary factions.
Political disputes continue over crypto oversight
The debate over crypto regulation in Poland has become increasingly divided. Alongside the government bill, parliament reviewed proposals from the president, the Confederation party, and independent lawmakers.
The opposition Law and Justice party (PiS) also introduced a separate proposal calling for a complete ban on crypto-asset activity in Poland, according to local reports.
Critics of the newly approved law argue that some controversial provisions remain unchanged. Concerns continue over rules allowing authorities to block domains, freeze accounts, and limit transactions without stronger court supervision.
Several crypto market participants believe the legislation could face another presidential veto despite parliamentary approval.
Zondacrypto scandal adds pressure to reform
The latest debate comes as Polish authorities investigate Zondacrypto following reports that thousands of users were unable to withdraw funds from the platform.
The issue has quickly entered national politics. Prime Minister Donald Tusk recently alleged links between the exchange’s earlier operations and Russian capital, while arguing that delays in adopting MiCA regulations weakened investor protection measures in Poland.
The government now faces growing pressure to finalize crypto rules before key EU implementation deadlines arrive in July.
Enjoyed this? Bookmark DeFi Planet, explore related topics, and follow us on Twitter, LinkedIn, Facebook, Instagram, Threads and CoinMarketCap Community for seamless access to high-quality industry insights
Take control of your crypto portfolio with DEFI PLANET PRO, DeFi Planet’s suite of analytics tools
