Poland Debates Competing Crypto Bills as PiS Party Proposes Total Ban

Amid the fallout of the Zondacrypto scandal, Poland’s Sejm is weighing four competing regulatory frameworks while facing a new, controversial bid by the PiS party to ban all cryptoasset activity.

By Emily Carter Published:

On May 12, 2026, the Polish Sejm began a high-stakes debate over the future of the nation’s digital asset market. Speaker Włodzimierz Czarzasty announced that lawmakers are considering four competing bills following two consecutive vetoes by President Karol Nawrocki, which have left Poland as the only EU member state yet to fully implement the MiCA framework.

The four primary proposals come from the government, President Nawrocki, the Poland 2050 party, and the Confederation party. The central conflict lies in the extent of state oversight. While the government’s draft seeks a maximum penalty of 25 million PLN ($6.9 million) for obstructing inspections, the presidential version caps fines at 20 million PLN ($5.5 million) and includes stronger protections against account freezes.

The legislative process took a dramatic turn on Monday when Law and Justice (PiS) MPs withdrew support for their own market regulation bill. In its place, 17 PiS members submitted a new proposal seeking a total ban on cryptoasset activity in Poland, citing significant threats to consumer security. Speaker Czarzasty described the chaotic legal environment as a “devil’s dance,” questioning the influence of political funding linked to the embattled zondacrypto exchange.

With second readings scheduled for Thursday, the government is racing to finalize a designated authority by the July 1, 2026, deadline to prevent a legal vacuum that could force domestic firms to relocate.

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