A cryptocurrency team will be created in the Sejm, which is to deal with the regulation of the industry. The question is whether it makes sense and will help the market. A similar group was already active in the Polish parliament.
Sejm and cryptocurrency team
A cryptocurrency team is being created in the Sejm, followed by MPs from various parties, including Confederation, PO or Poland 2050.
The team will include, among others, Deputy Minister of Digitization Michał Grammar from Poland 2050, Deputy Minister of Development and Technology Michał Jaros from Platforma Obywatelska, as well as Ryszard Wilk from the Confederation, who also declared participation. We care about cooperation above political divisions
– Adam Gomoła, a non -attached MP, told the media.
MP from Szymon Hołownia’s party added that the team’s goal will be to fight “excessive regulation”, reduce “fees for industry entities”, facilitating users investing in digital assets, and “also creating conditions for locating cryptocurrency capital in the country and drawing financial profits for the budget.”
Poland, as a country famous for the popularity of digital innovations, has the potential to become an EU valley for the cryptocurrency market
Gomola pointed out.
Does it make sense?
It sounds good, but in practice it may not change much. The first vote on the act, which is to implement MICA in Poland, showed that the project in its current form is supported by the safe majority of parliamentarians. There is a small chance that the cryptocurrency team will change something in this field. The more that the topic of digital assets has already appeared in the Sejm.
In 2016, social consultations on blockchain and Bitcoin in the Sejm were organized by the Polish Bitcoin Association and Mirosława Suchonia parliamentary office (then Nowoczesna, now Poland 2050).
Two years later, a parliamentary team for blockchain and cryptocurrency technology was created, to which four deputies belonged: Jacek Wilk (Confederation), Krzysztof Sitarski (PiS), Michał Jaros (PO-KO) and Jakub Kulesza (Confederation). Somehow it did not change much in legislation. Anyway, the team was not particularly busy: only two meetings took place.
Currently, the Cryptocurrency Act has been sent to the Public Finance Committee.
