Poland’s parliament has entered a decisive stage in its cryptocurrency policy battle after lawmakers opened debate on four competing cryptoasset bills while delaying consideration of a separate proposal that would ban the sector entirely.
According to a local media report, the Sejm began reviewing proposals submitted by Prime Minister Donald Tusk’s government, President Karol Nawrocki, the Poland 2050 party, and the Confederation party on Tuesday, with second readings expected on Thursday.
The same report stated that Sejm Speaker Włodzimierz Czarzasty confirmed lawmakers would only examine the opposition Law and Justice party’s proposed crypto ban after work on the four active bills concludes.
Coming just weeks before the European Union’s July 2026 transition deadline under European Union crypto rules, the debate has intensified pressure on Poland, which remains one of the few EU member states yet to fully implement the Markets in Crypto-Assets framework, commonly known as MiCA.
Government and presidential bills clash over enforcement powers
Last week, Prime Minister Donald Tusk said the government would once again reintroduce crypto legislation after earlier drafts were vetoed twice by President Karol Nawrocki.
While both the government and presidential proposals seek to align Poland with MiCA standards, disagreements have emerged over how much authority regulators should hold.
The Ministry of Finance draft would allow the Polish Financial Supervision Authority, known as the KNF, to impose fines of up to PLN 25 million for obstructing inspections.
President Nawrocki’s proposal keeps the maximum penalty at PLN 20 million and includes different conditions for blocking crypto-related accounts.
Separate parliamentary proposals from Poland 2050 and Confederation were also introduced for initial readings this week, adding further division to an already crowded legislative process.
At the same time, lawmakers from the opposition Law and Justice party, also known as PiS, submitted a new proposal seeking a nationwide ban on cryptoasset activity.
The filing came shortly after four PiS lawmakers withdrew support for an earlier crypto market bill their party had introduced in April.
Speaker Czarzasty described the political atmosphere surrounding crypto legislation as “some kind of devil’s dance” while raising questions about alleged financial ties between politicians and zondacrypto.
Further, he questioned which political events and lawmakers may have received support linked to the exchange and also asked why President Nawrocki had vetoed previous crypto legislation twice.
Zondacrypto investigation fuels political pressure
Behind the legislative confrontation sits the ongoing crisis surrounding Zondacrypto, one of Poland’s largest cryptocurrency exchanges, which has become the focus of a criminal investigation involving allegations of fraud, money laundering, and political interference.
Polish prosecutors had received more than 1,500 complaints from affected investors, with estimated losses reaching at least PLN 350 million.
Authorities have also examined claims that the exchange attempted to influence Poland’s political process through campaign financing linked to potentially illicit funds.
Previous reports cited Prime Minister Tusk as warning that political corruption connected to crypto platforms could damage trust in Poland’s financial system and electoral process.
Amid mounting criticism, Zondacrypto founder Przemysław Kral reportedly claimed in a Polish-language video that political pressure, regulatory interference, and media coverage contributed to a surge in withdrawals from the platform.
As lawmakers continue debating the competing bills, Poland’s crypto industry faces mounting uncertainty.
According to previously reported figures, more than 1,400 registered crypto-related entities could be affected if the country fails to establish a unified framework before the EU transition period expires on July 1, 2026.
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