Three PO deputies, Joanna Frydrych, Dorota Marek and Krystyna Skowrońska, prepared a correction that, according to experts, will completely block the development of Web3 in Poland. It’s about changing in The act on the cryptoactic market.
Amendment to MPs after: prison for cryptocurrencies?
The three PO MPs have prepared an amendment to the Act, which is to regulate the cryptocurrency industry. The problem is that it will make cryptoctives in our country until fear!
It is about art. 121. The Act in which we read:
1. Who, without being entitled to this, conducts activities related to the provision of cryptoactic services referred to in art. 59 or art. 60 Regulation 2023/1114, is subject to a fine of up to PLN 5,000,000 either imprisonment of up to 5 years old, or both of these penalties.
MPs want to add in the project a record that I present below: prison sentence will not be shorter than 6 months!
As indicated by prof. Krzysztof Piech, this can lead to even bizarre situations: punishing people who simply even a small fee of training friends from the subject of cryptocurrencies, obstructing acceptance of cryptoplants in stores or preventing Polish NFT emission artists from preventing Polish artists.
This recipe is a legal nightmare. He uses a nuclear weapon, intended for combating great, unlicensed exchanges and aim at ordinary people: hobbyists, artists, lecturers (yes, I will not be able to create tokens and give them to students) and small entrepreneurs. The introduction of a minimum, absolute prison sentence for deeds whose “criminal” nature is often the result of the unconscious and ambiguity of the definition (and the lack of a bag of coins to lawyers) is a feature of totalitarian systems, not the state of law
– summed up prof. Piech.
Someone is exaggerating here!
It is becoming increasingly difficult to understand what Polish politicians want to achieve, their ideas regarding the regulation of the cryptocurrency market in Poland are becoming more and more bizarre! It looks as if MPs wanted to discourage Poles from cryptocurrencies.
So far, the Sejm has carried out the first reading of the government’s bill on the cryptoactic market. In voting on its rejection 188 MPs were “in favor”, 228 against, and 3 abstained, which means that the project went to further work in the Public Finance Committee.
The regulation raises controversy and is criticized by the industry and part of the opposition. PiS MPs Janusz Kowalski and Michał Moskal spoke particularly sharply about it, who at the last press conference reported that they had their amendments to the Act, including Appointment of the cryptocurrency council or determining the maximum license fee of 10,000. euro. If the changes are not accepted, President Karol Nawrocki – as announced by Kowalski – is to veto the act.
Details of PiS proposals are to be presented in October during the party Congress in Katowice.
