Poland’s lower house of parliament, the Sejm, approved the unchanged Crypto Asset Market Act previously vetoed by President Karol Nawrocki, advancing it to the Senate. The bill, intended to align with the EU’s Markets in Crypto-Assets regulation, grants the Polish Financial Supervision Authority (KNF) extensive powers, including website blocking and imposing multimillion-zloty fines, drawing criticism for exceeding EU requirements. Nawrocki initially rejected it citing overreach, high compliance costs, and risks to smaller firms. Prime Minister Donald Tusk’s government reintroduced the bill unchanged, emphasizing its necessity for national crypto market oversight. The Senate will now debate the legislation, with the president retaining the power to veto it again.