According to ChainCatcher, Poland's Sejm (lower house) has re-approved the 'Markets in Crypto-Assets Act' that was previously vetoed by President Karol Nawrocki. The bill, passed with 241 votes, is identical to the earlier version and aims to align Polish law with the EU's MiCA framework. Critics argue it grants excessive powers to the KNF, including website blocking and heavy fines. Nawrocki had previously rejected the bill, citing vague language, overregulation, and high compliance costs. The bill now moves to the Senate for further review.
Poland's Sejm Re-passes Crypto Market Bill After Presidential Veto
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Summary
Poland's Sejm re-approved the 'Markets in Crypto-Assets Act' to align with the EU's MiCA framework, passing it with 241 votes. The bill, identical to the version vetoed by President Karol Nawrocki, includes measures for Countering the Financing of Terrorism and regulating liquidity and crypto markets. Critics warn it gives too much power to the KNF, including website blocking and heavy fines. The bill now moves to the Senate for further review.
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