Poland’s lower house Sejm has begun reviewing four crypto-asset bills after the president vetoed earlier legislation twice, with disputes centered on KNF account-freeze powers, fine caps, and a separate broader ban proposal from PiS.
Poland’s lower house Sejm has begun reviewing four competing crypto-asset regulation bills after the president twice vetoed earlier legislation. The proposals differ on key enforcement provisions, including whether KNF, Poland’s financial regulator, should have account-freeze powers and whether the maximum fine should be set at 20 million zloty or 25 million zloty, roughly $6.9 million at the higher level. PiS also withdrew an April draft and submitted a separate broader bill seeking to ban crypto-related activity, underscoring a wider split between regulatory oversight and prohibition.