Overview
- The Sejm reapproved the Crypto-Asset Market Act by 241 votes and sent the identical, previously vetoed text to the Senate.
- The Senate Budget and Public Finance Committee withdrew a motion to pass the bill without changes and postponed further work to January.
- Deputy Finance Minister Jurand Drop criticized a Sejm-introduced cut to KNF supervisory fees from 0.4% to 0.1%, signaling executive pushback.
- President Karol Nawrocki vetoed the bill earlier this month over ambiguity, regulatory overreach and potential 'one-click' domain blocking, and he retains veto power if it returns to his desk.
- Backers say the law would align Poland with the EU’s MiCA rules, while critics warn it exceeds EU standards by granting KNF broad website-blocking powers and imposing high compliance costs.