Polish Sejm Passes Revised Crypto Bill to Bring Market into MiCA Framework

Odaily reports that Polish lawmakers on Friday approved a government-backed bill to bring the country’s cryptocurrency market under the European Union’s MiCA framework for crypto asset regulation, following two previous vetoes of earlier versions of the bill by President Karol Nawrocki. According to official parliamentary records, the vote took place during the 57th session of the Sejm in Warsaw on Friday, with 241 lawmakers voting in favor and 200 against the legislation. The approved Bill No. 2529, backed by the Ministry of Finance, grants the Polish Financial Supervision Authority (KNF) the power to oversee market participants, impose administrative penalties, and temporarily freeze accounts and transactions.