Poland Sejm Passes Bill Extending Sanctions to Crypto Assets

1 hour ago 2 sources neutral

Key takeaways:

  • Poland’s crypto sanctions bill signals tighter EU regulatory convergence, raising compliance risks for exchanges.
  • Investors should monitor Senate amendments, as enforcement clarity could affect BTC and ETH custody.
  • Delayed legal effect limits immediate market impact, but structural sanction risk is rising.

Poland’s Sejm approved the government-backed Act on Restrictive Measures on November 6 by 240 votes to 202, with one abstention. The bill explicitly includes crypto-assets, as defined under the EU’s MiCA regulation, among financial funds that can be frozen under sanctions.

Under the bill, freezing financial funds means preventing their movement, transfer, alteration, use, availability or transactions that could change their value, ownership, location or purpose. This expands Poland’s sanctions framework to cover digital assets alongside traditional financial property and reduces ambiguity around how sanctions can apply to crypto holdings.

The measure also broadens national restrictive measures linked to security threats, including certain foreign interference and information manipulation. The legislation is not yet in force. After passing the Sejm, it was transmitted to the Senate for consideration, and any Senate amendments would return to the lower house before the bill could proceed through the remaining constitutional process. Until the legislative process is completed, the expanded sanctions framework has no final legal effect.

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