Poland Passes Crypto Bill to Implement MiCA After Zondacrypto Fraud Probe

According to Reuters, Poland approved a crypto bill to meet the EU’s MiCA deadline as the Zondacrypto collapse and political disputes over enforcement powers intensify pressure on Warsaw.

Fact Check
Four independent, credible sources — Reuters, The Block, crypto.news, and TVP World — all confirm that Poland's Sejm (lower house) passed a MiCA-implementing crypto bill on May 15, 2026. All sources corroborate the core claim elements: (1) the lower house approved the bill, (2) it is designed to implement the EU's MiCA regulation, (3) a July EU compliance deadline created urgency, and (4) the vote occurred against the backdrop of the Zondacrypto fraud probe. The only nuance not captured in the claim's headline is that the bill is not yet fully enacted — it still requires Senate approval and a presidential signature, and President Nawrocki had previously vetoed two earlier versions. However, the claim accurately describes the Sejm passage, making it substantively correct.
Summary

Poland’s lower house approved Bill No. 2529 to align the country’s crypto market with the European Union’s MiCA framework, as Warsaw faces a July deadline to implement the rules or risk disrupting domestic crypto-asset services. The finance ministry-backed measure passed 241-200 in the Sejm and gives the Polish Financial Supervision Authority, or KNF, powers to license and supervise firms, suspend offerings, block accounts, and penalize market abuse. The vote comes amid a prosecutor-led investigation into the collapse of Zondacrypto, once Poland’s largest exchange, where authorities estimate losses of more than 350 million zlotys, about $96 million. The case has widened political divisions, with President Karol Nawrocki previously vetoing earlier versions of the bill over concerns about strict penalties, while some Law and Justice lawmakers have proposed banning crypto-related business activity entirely.

Terms & Concepts
  • MiCA: MiCA, or Markets in Crypto-Assets, is the European Union’s regulatory framework for crypto firms, covering licensing, conduct requirements, and consumer protections.
  • KNF: KNF is Poland’s financial supervision authority, which the bill empowers to oversee crypto firms and use enforcement tools such as blocking accounts and suspending offerings.
  • Zondacrypto: Zondacrypto is a cryptocurrency exchange at the center of a major collapse in Poland that triggered losses for users and intensified scrutiny of crypto regulation.