Polish President Nawrocki submits second crypto bill following third veto
Polish President Karol Nawrocki submitted a revised crypto-assets bill to the Sejm on 8 September 2026, offering lower supervisory fees and court oversight after vetoing three government proposals.
A second presidential draft
On 8 September 2026, the Head of the Chancellery of the President, Zbigniew Bogucki, announced that Polish President Karol Nawrocki submitted a new draft bill to the Sejm to regulate the crypto-asset market. The submission followed a vote on 4 September 2026 in which parliament failed to achieve the necessary majority to override Nawrocki's third veto of a government crypto bill. The presidential proposal is the second draft introduced directly by the presidential palace, following an initial draft submitted in May 2026. Nawrocki vetoed the previous legislative effort in June 2026, arguing that parliament adopted only 1 of 16 key amendments he requested. Bogucki described the new text as a compromise measure based on roughly 90% of the provisions from the vetoed government legislation, designed to implement the European Union Markets in Crypto-Assets regulation (MiCA).
Sensible, prudent, moderate, consensual regulation of the crypto-assets market, and the president submits such a draft so that this market can operate in Poland, but under appropriate supervision.
- President Nawrocki submits first crypto bill to Sejm alongside government draft
- President Nawrocki vetoes the passed crypto-asset legislation
- Sejm fails to override the third presidential veto on the government crypto bill
- President Nawrocki submits second crypto bill to the Sejm
Key differences in supervision and enforcement
While both the government and presidential bills grant the Polish Financial Supervision Authority (KNF) powers to freeze funds and crypto-assets for 96 hours, they diverge on procedural limits and oversight costs. Under the government plan, the KNF could extend account freezes for up to 6 months without prior judicial approval. Nawrocki's draft limits extensions to 3 months and requires prior authorization from an administrative court. The presidential bill also establishes State Treasury liability for damages caused by unlawful account freezes. Furthermore, the proposals differ on supervisory fees charged by the KNF. The government proposed maximum annual levies of 0.5% of average financial liabilities for token issuers and 0.4% of average revenue for crypto-asset service providers. In contrast, the presidential draft caps both fees at 0.1%. Regarding enforcement against websites, Nawrocki limits entry into the KNF blocked domain registry strictly to unlicensed entities, while other infractions would trigger public warnings, mandatory warning banners, or fines up to 1 million PLN.
- Token issuers (Government draft)
- 0.5 %
- Token issuers (Presidential draft)
- 0.1 %
- Service providers (Government draft)
- 0.4 %
- Service providers (Presidential draft)
- 0.1 %
Government reaction and fourth legislative attempt
The governing coalition rejected the presidential compromise proposal. Prime Minister Donald Tusk declared there would be no compromise and stated that the government would not dilute its regulatory approach. Government spokesperson Adam Szłapka announced on 8 September 2026 that the Ministry of Finance is preparing a fourth version of the government crypto bill. Szłapka noted that the Ministry of Finance and the special services coordinator are examining provisions to grant security services additional investigative and control powers over crypto transactions.
This market must be regulated. The Ministry of Finance is working on re-submitting the crypto bill. It will essentially be a solution similar to what was previously submitted by the government.
Political dispute over crypto enforcement
Parliamentary opposition and coalition deputies offered contrasting evaluations of the stalemate. Left parliamentary club leader Anna Maria Żukowska argued that the differences between the presidential and government bills were minor details used for political posturing.
Differences are not very decisive, there are no large discrepancies, so I am surprised that the president is splitting hairs over what are really stage directions.
The regulatory debate in Poland unfolds alongside judicial investigations linked to the exchange platform Zondacrypto. Public statements by Donald Tusk and Law and Justice party leader Jarosław Kaczyński confirmed that former minister Zbigniew Ziobro received funds from Zondacrypto into his foundation. As the Sejm prepares to convene, the lower house faces parallel tracks: reviewing the newly submitted presidential draft while awaiting the revised Ministry of Finance text.
