Today a PiS press conference was held regarding Polish cryptocurrency regulations. MP Janusz Kowalski and accompanying Michał Moskal criticized the government’s approach to industry regulation. We learned how the group from Nowogrodzka wants to answer the ideas of the Ministry of Finance and what the president will do with the current project.
PiS about cryptocurrencies
Janusz Kowalski, a PiS MP, who deals with cryptocurrencies, during today’s press conference described a bill on digital assets presented by the government as a “monster”. In his opinion, the authorities want to regret the industry, which will obviously hit Polish companies and make foreign entities remain on the market. In response, his party is preparing his bill, which Kowalski and MP Michał Moskal are working on.
In practice, it is to be 13 corrections. It is to be created, among others Appeal body – Cryptocurrency Council, in which representatives of the PFSA, president, industry, NBP or head of the Council of Ministers are to sit. In addition, the maximum license amount is to take place – 10,000 euros.
MPs warn against the current ideas of the government, e.g. the possibility of blocking the website of companies from the cryptocurrency market. For example, they established Optimus, a company that was de facto destroyed by officials years ago. In their opinion, the authorities want to create procedures that are corruption and simply dangerous. This will make the exodus to cryptophirm from Poland.
By pushing entrepreneurs from this market, we lose not only tax revenues (…). We also lose control of how these entrepreneurs will fulfill their obligations towards citizens
– Moskal explained. The point was that companies that “move out” from Poland would be subject to foreign jurisdiction. He added that the act is “barbaric”.
It is known when we will know the party’s version and what the president will do
We will know the details of the PiS project in October. Kowalski and Moskal are to present it during the PiS Congress, which will take place in Katowice. It was also confirmed that President Karol Nawrocki would veto the project in its current form.
At the stage of parliamentary work on the Act on cryptoctives as Law and Justice, we will report dozens of amendments to the government project. If these recommendations are not taken into account, then the veto of President Karol Nawrocki should be expected
– Kowalski promised in June.
Now he proposed to “turn off” work on the cryptocurrency from the political dispute, so that “capital would not run away from Poland.”
