Poland Weighs Four Crypto Bills as PiS Pushes Full Ban

TLDR

1. Poland debates four crypto bills as PiS pushes a full market ban
2. Sejm weighs crypto rules after Nawrocki vetoed earlier legislation
3. PiS files crypto ban bill while lawmakers review four rival proposals
4. Poland’s crypto debate turns sharper over KNF powers and penalties
5. Government and presidential crypto bills split over fines and controls

Poland moved into a new crypto policy clash as lawmakers opened debate on four rival bills, while PiS pushed a full ban. The Sejm began work after President Karol Nawrocki twice blocked earlier cryptoasset laws. The debate now sets up a sharp choice between stricter regulation and a wider prohibition.

Sejm Reviews Four Rival Crypto Bills

Sejm Speaker Włodzimierz Czarzasty said lawmakers would first handle four main cryptoasset bills this week. These proposals came from the government, President Karol Nawrocki, Poland 2050, and Confederation. The chamber opened debate on Tuesday, and second readings were scheduled for Thursday.

The government bill and the presidential bill share similar structures, but they differ on enforcement powers. The main split concerns KNF authority to block accounts and penalties for market violations. Poland now faces pressure to align rules with EU standards while addressing domestic political concerns.

The Ministry of Finance draft contains 168 articles across 106 pages. President Nawrocki’s proposal contains 170 articles across 108 pages. However, the government plan raises the inspection obstruction fine from PLN 20 million to PLN 25 million.

PiS Pushes Full Crypto Ban

Law and Justice MPs filed a separate bill that would ban cryptoasset activity in Poland. The move came after four PiS lawmakers withdrew support for an earlier market regulation bill. That earlier proposal had entered parliament in April and awaited its first reading.

Czarzasty said the Sejm would process the PiS ban only after work ends on the four main bills. That step depends on whether the PiS parliamentary club keeps the proposal active. The speaker also described the wider crypto debate as a “devil’s dance.”

The PiS proposal changes the tone of the debate because it moves beyond regulation. Instead of tighter supervision, it seeks to remove cryptoasset activity from Poland’s market. However, the Sejm will first test support for bills that create rules rather than a ban.

Political Pressure Builds Around Crypto Funding

Czarzasty also raised questions about political financing linked to zondacrypto. He asked which events, parties, and lawmakers allegedly received money from the company. He also questioned why President Nawrocki rejected earlier cryptoasset laws twice.

Prime Minister Donald Tusk said the government would resubmit its cryptoasset bill with tougher penalties. He said the revised draft would target fraud and risks to Poland’s state interests. The Ministry of Finance later published the updated bill through the Government Legislation Center.

The latest debate places Poland at a key policy point for digital assets. Lawmakers must choose between enforcement-heavy supervision, competing market frameworks, and a full PiS ban. The outcome will shape how Poland regulates crypto firms, users, and political accountability.

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