After two years of stagnation and the Sejm passing the most restrictive regulations in the European Union, the Polish cryptocurrency scene can finally see friendly regulations. The industry is currently counting on President Karol Nawrocki’s veto, and the new draft bill on the crypto-assets market assumes competitive fees, proportionate penalties and a specialized supervisory body.
On October 24, 2025, during the PiS Program Convention in Katowice, prof. Krzysztof Piech presented the main assumptions of the draft bill, which has a chance to change the face of the Polish cryptocurrency market. It was the first program discussion of political parties in Poland devoted to the future of the crypto industry.
Start watching from the 7th hour.
The most restrictive law in the EU adopted in Poland
According to data from the European Securities and Markets Authority (ESMA), Polish financial supervision may soon become the most restrictive in the entire European Union. The Sejm recently passed an act implementing the MiCA regulation, in which Poland not only adopted EU standards, but also added its own over-regulations, creating regulations that are much more stringent than in other member states. The entire cryptocurrency industry is now counting on President Karol Nawrocki’s veto.
This is a painful fall from the leadership position. In 2017, Poland was a pioneer in cryptocurrency regulations – alongside Japan and New York State, we established a register of cryptocurrency companies at the Ministry of Digitization, a few years before other EU countries. Meanwhile, while the United States moved at full speed towards friendly regulations supporting crypto innovations after the presidential election, Brussels and Warsaw remained indifferent to these changes.
Five pillars of the new project
The proposed act is based on five key assumptions aimed at restoring the competitiveness of the Polish market:
Firstlyintroduction of low, competitive supervisory fees – almost the lowest in the European Union, without a quasi-tax on turnover. The goal is to attract companies to Poland, not to push them abroad.
Secondlythe principle of proportionality of penalties. Instead of immediately applying severe sanctions, supervision should first apply corrective measures and warnings. This approach is intended to eliminate the current practice of excessively repressive treatment of market entities.
Thirdlythe establishment of a new, specialized supervisory body with technological competences and a fast track for considering applications. This is a response to the problem of lack of appropriate qualifications in the current supervisory structures.
Fourth, active support for Polish companies instead of the current favoring of foreign entities, mainly German and Dutch. The aim is to bring back to the country companies that had to emigrate due to unfriendly regulations. After the transitional period, they would be taxed in Poland.
Fifthintroduction of a “fast track” for resolving disputes with consumers – a version of e-demand proceedings with evidence saved on the blockchain and operational data of entities. This postulate was submitted by Dr. Hab. Adv. Konrad Zacharzewski.
A campaign of fear instead of education
It is worth recalling that instead of building a friendly environment for the development of the industry, the Polish financial supervision conducted campaigns warning against investing in Bitcoin. The Polish Financial Supervision Authority published materials on YouTube discouraging the purchase of BTC at a price of USD 2,500. Today, the value of this cryptocurrency is many times higher. The Polish Financial Supervision Authority has not yet apologized for this controversial “investment advice”.
Open consultation and next steps
In the coming days, the authors of the project plan to collect demands from Polish crypto and fintech companies and consumer representatives. Interested parties can send proposed regulations to kontakt@prostepodatki.org, preferably in the format: area → proposed wording → justification → expected effects.
After completing the project, it will be presented to the Sejm at a meeting of the Simple Taxes Team and then submitted to the president.
The new law may be a breakthrough for the Polish cryptocurrency market. However, first of all, the industry is waiting for the decision of President Karol Nawrocki regarding the veto of the currently adopted, restrictive act. The question is whether it will be possible to take advantage of the opportunity to rebuild the position of innovation leader, which Poland has wasted in recent years.
