Polish Lawmakers Approve Revised Crypto Bill to Align With EU MiCA Rules

Polish lawmakers approved a revised cryptocurrency bill on Friday in a 241–200 vote, marking another step toward bringing the country’s crypto market under the European Union’s Markets in Crypto-Assets (MiCA) framework.

The legislation, backed by Poland’s Ministry of Finance, was passed during the 57th sitting of the Sejm in Warsaw after President Karol Nawrocki vetoed two earlier versions of the proposal.

The approved bill gives the Polish Financial Supervision Authority (KNF) powers to oversee crypto companies, issue administrative penalties and temporarily block accounts or transactions when necessary.

Crypto Oversight Debate Continues in Poland

The vote followed debate over four competing crypto proposals, including drafts backed by the president, opposition groups and parliament members. Lawmakers ultimately supported the government-backed version.

Concerns Remain Over Enforcement Powers

Some crypto market participants have criticized the bill, arguing that concerns around account blocking and regulatory powers remain unresolved. Analysts also believe another presidential veto is still possible, which could delay Poland’s alignment with EU crypto rules ahead of upcoming implementation deadlines.