Senate proposes amendments to the Crypto-Assets Act

On Wednesday, 15 October 2025, the Senate debated the bill on the crypto-assets market. During the sitting, the Chair of the Budget and Public Finance Committee, Senator Kazimierz Kleina, tabled two material amendments. As a result, the bill was referred back to the Senate committee for further work.

The changes primarily concern criminal liability for breaches of the Act and issues related to payment services and online exchange bureaus.

Criminal liability for fraud

The first amendment directly addresses Articles 120 and 121 of the bill, which provide for criminal liability, inter alia, for:

• providing false information or concealing facts in information documents concerning asset-referenced tokens or e-money,
• carrying out crypto-asset activities without the requisite authorisation.

In the version passed by the Sejm, the bill provided for penalties of from 6 months to 5 years’ imprisonment. As Senator Kleina noted, this range is inconsistent with principles under the Criminal Code.

The proposed amendment restores the original wording, setting the lower threshold of liability at 1 month of imprisonment.

Clarifying provisions on payment services and FX bureau activities

The second amendment aims to refine provisions on the provision of payment services, including the activities of online exchange bureaus. The change is clarificatory and ordering in nature– its purpose is to dispel doubts that arose during the legislative process.

These concerned the possibility of classifying certain activities performed by domestic payment institutions- such as currency conversion within a payment transaction or the issuance of e-money- as FX bureau activity.

What’s next?

The bill has been sent back to the Senate Budget and Public Finance Committee, which had previously proposed 79 editorial and clarifying amendments.

The changes may affect your business

The Crypto-Assets Market Bill introduces comprehensive changes to how entities in the sector operate. Every amendment- even those of a clarifying nature- may directly impact your regulatory obligations.

Contact our team– we analyze new regulations and support clients in the process of implementing them.