Overview
- The government put the unchanged Cryptoasset Market Act back to President Karol Nawrocki days after his veto and urged him to sign it.
- Prime Minister Donald Tusk cited an official register listing over 100 crypto entities tied to Russia, Belarus and former Soviet states and warned digital assets are being used for sabotage.
- Nawrocki stands by his rejection, arguing the draft overreaches and threatens freedoms and property rights, while signaling openness to a narrower alternative.
- The proposal would align Poland with the EU’s MiCA regime by introducing licensing, investor protections, anti–money laundering controls and wider powers for the Financial Supervision Authority.
- Officials highlight harms in the unregulated market—Finance Minister Andrzej Domański says roughly 20% of clients incur losses—while critics warn long approvals and strict rules could drive firms out of Poland.