TechFlow News, May 17: On Friday, May 15, Polish lawmakers passed the government-backed Markets in Crypto-Assets Bill (Bill No. 2529) during the 57th sitting of the Sejm (the lower house of Poland’s parliament), with 241 votes in favor and 200 against.
The bill aims to formally integrate Poland’s cryptocurrency market into the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework. Previously, President Karol Nawrocki had vetoed earlier versions of the bill twice.
Under the bill, the Polish Financial Supervision Authority (KNF) will be granted explicit authority to supervise market participants, impose administrative penalties, and temporarily freeze accounts and transactions. The bill has now been forwarded to the Senate for review; the President retains the possibility of issuing another veto.
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