The lower house of the Polish parliament, known as the Sejm, has decided to once again approve a comprehensive regulatory framework. The Crypto-Asset Market Act in Poland received the green light from two hundred and forty-one national lawmakers earlier this week. An official spokesperson from the Sejm press office confirmed that the text sent to the Senate remains completely unchanged and solid. Thus, the government seeks to establish strict control over digital transactions throughout the entire national territory today.
This legislative decision emerges as a direct response to the veto previously imposed by the current President Karol Nawrocki. The government of Donald Tusk decided to reintroduce the proposal without making any substantial technical changes to the original document. Likewise, the central administration maintains that these measures are essential to ensure the oversight of current and future financial markets. Therefore, the political confrontation between the executive power and the presidency has escalated to a new level.
The main objective of this regulation is to harmonize the local legal framework with the European Union’s MiCA regulation. However, various sectors of the industry criticize that the law grants excessive powers to the financial supervision authority locally. Additionally, the project has raised concerns regarding the possible imposition of multimillion-zloty fines on companies operating with digital assets. Therefore, the debate now focuses on the balance between security and technological innovation within the country.
Impact of supervisory powers on the autonomy of the Polish digital financial sector
The Polish Financial Supervision Authority would gain the power to unilaterally block websites under this new regulatory scheme. This ability to shut down domains with a single administrative click is seen as a disproportionate measure by legal experts. On the other hand, the ambiguity of certain articles could significantly increase compliance costs for the smallest firms in the country. Since these organizations lack the necessary resources to face such a dense and complex bureaucracy.
President Nawrocki justified his initial rejection by pointing out that these provisions could irremediably damage the nation’s entrepreneurial ecosystem. Many analysts consider that Poland is adopting a much more rigid stance than other neighboring countries in the region. However, the Prime Minister insists that state supervision is the only way to prevent large-scale fraud in the market. For this reason, the investor community remains attentive to the next move made by the upper house.
Will the Polish Senate manage to modify the most critical points of the new asset regulation?
The future of the regulation now depends on the vote that will take place in the Senate very soon. If the senators approve the document, it will return to the presidential office for a final signature or a second veto. On the other hand, legal uncertainty has begun to affect the confidence of local digital asset service providers and users. In this way, the regulatory landscape for the year 2026 appears as one of the most uncertain for everyone.
The successful implementation of this reform would completely transform the way citizens interact with exchange platforms and digital tools. Proponents of the law argue that clear regulation will attract institutional investors who seek solid and reliable legal protection. Conversely, critics fear a capital flight towards jurisdictions with much more friendly and less restrictive regulations for businesses. Therefore, the outcome of this legislative process will define the course of financial sovereignty in the digital age.
