Polish Lawmakers Review Crypto Rules After New PiS Ban Filing

Poland’s crypto policy debate widened this week as lawmakers opened work on four competing crypto-asset bills. The proposals came from the government, President Karol Nawrocki, Poland 2050, and the Confederation Party after earlier attempts to regulate the sector were vetoed by the president.

The debate took a sharper turn when Law and Justice, or PiS, filed a separate bill seeking to ban cryptoasset activity in Poland. The move followed the withdrawal of support by four PiS lawmakers for an earlier crypto market bill they had submitted in April.

Sejm Reviews Four Crypto Bills

Sejm Speaker Włodzimierz Czarzasty said lawmakers would first process the four main cryptoasset bills before the chamber. According to PAP, those proposals entered the Sejm agenda this week, with second readings scheduled for Thursday.

The government and presidential drafts are similar in structure, although they differ on enforcement powers and penalties. Reports said the main disputes concern the Polish Financial Supervision Authority’s ability to block cryptoasset accounts and the size of fines for obstructing inspections.

President Nawrocki’s proposal keeps a 20 million PLN penalty for obstructing inspections. The Ministry of Finance draft raises the maximum penalty to 25 million PLN, according to the reports.

Meanwhile, Poland 2050 and Confederation also brought parliamentary proposals to the floor. Their inclusion gives lawmakers several competing routes as Poland tries again to build a framework for cryptoassets.

PiS Files Separate Ban Plan

PiS lawmakers filed a new proposal on Monday that would ban crypto-asset activity in Poland. PAP reported that the filing came as four PiS MPs withdrew support for the April crypto market bill that had been due for first reading this week.

Czarzasty said the PiS ban proposal would not move immediately. He said the Sejm will handle it only after work on the four main bills is finished, provided the PiS parliamentary club does not withdraw it.

Notably, the change creates a political split in the opposition’s approach. PiS had earlier put forward a market regulation bill, but its latest proposal shifts from regulation toward a direct ban on crypto-asset activity.

The move also adds uncertainty for companies and users watching Poland’s approach to the EU’s crypto rules. A ban proposal would mark a much harsher path than the government and presidential drafts now under debate.

Czarzasty Questions Crypto Links

Czarzasty described the cryptoasset dispute as “some kind of devil’s dance,” according to PAP. He also raised questions about financing tied to Zondacrypto and asked which political events and lawmakers may have received money.

He also asked why President Nawrocki had twice vetoed earlier crypto-asset laws. His comments showed that the debate now includes political financing questions alongside regulatory design.

Previously, Prime Minister Donald Tusk said the government would reintroduce a crypto-asset bill after two vetoes. He said the updated version would mainly tighten penalties for those who cheat users and expose the Polish state to risk, according to the local report.

For now, Poland’s cryptoasset framework remains unsettled. Lawmakers are weighing four regulatory models, while the PiS ban proposal waits behind them and keeps the broader direction of the debate open.