Poland’s Sejm Passes Revised Cryptocurrency Bill on Third Attempt

On Friday, May 15, Poland’s Sejm (lower house of parliament) approved the government-backed Markets in Crypto-Assets bill (Bill No. 2529) during its 57th session, with 241 votes in favor and 200 against. The bill aims to formally integrate Poland’s cryptocurrency market into the European Union’s Regulation on Markets in Crypto-Assets (MiCA). Earlier versions of the bill had been vetoed twice by President Karol Nawrocki. Under the bill, the Polish Financial Supervision Authority (KNF) will be granted explicit authority to supervise market participants, impose administrative penalties, and temporarily freeze accounts and transactions. The bill has now been forwarded to the Senate for deliberation, and the President retains the possibility of issuing another veto.