The Crypto-Asset Market Act Returns to the Sejm: Four Bills Referred to Committees

On 12 May 2026, the Sejm concluded the first reading of four draft acts aimed at ensuring the application of Regulation (EU) 2023/1114 (MiCA) within the Polish legal framework. All four drafts were referred for further work to the Sejm’s Public Finance Committee.

The committee’s report is scheduled to be presented as early as 14 May 2026, as part of the second reading planned during the ongoing parliamentary session. This is the third legislative attempt to establish a national framework for the crypto-asset market; two previous acts were vetoed.

Drafts under consideration:

• the government draft,
• the presidential draft,
• the draft submitted by the Polska 2050 parliamentary group,
• the draft submitted by the Konfederacja parliamentary group.

Regulation (EU) 2023/1114 (MiCA): the “Poland 2050” and “Confederation” proposals

During the first reading, motions to reject the government draft and the Polska 2050 draft were submitted. Neither motion secured a majority. 

A motion to expedite work on the presidential draft by moving directly to the second reading likewise failed to gain support. Work in the committee is continuing.

The government and presidential drafts are largely convergent. Both provide for supervision of the market by the Polish Financial Supervision Authority (KNF) and an analogous catalogue of supervisory instruments.

The key differences concern the scope of the KNF’s powers to block crypto-asset accounts as well as the level of administrative and criminal sanctions. The Polska 2050 draft is close to the government proposal, while introducing the possibility for banks to provide crypto-asset services through a dedicated organisational unit.

The Konfederacja draft adopts a different regulatory approach, emphasising proportionality of requirements imposed on market participants.

Draft RPW/16436/2026 and Regulation 2023/1114 (MiCA)

In parallel with the work on the act on the crypto-asset market, a parliamentary draft act amending the Act on counteracting unfair market practices (RPW/16436/2026) was submitted to the Sejm.

It provides for classifying activity in the field of crypto-assets as an unfair market practice and introducing criminal liability for conducting such activity. The draft has not been given further procedural course to date.

The CASP license will remain mandatory as of July 1, 2026, despite the absence of national regulations

The deadline of 1 July 2026, by which crypto-asset service providers (CASPs) should hold an authorisation under MiCA, remains in force.

The absence of national implementing provisions after that date may prevent entities established in Poland from obtaining a CASP licence, while entities licensed in other EU Member States will retain the ability to provide services within the territory of Poland under the freedom to provide services in the European Union.

Do you run a crypto business? Assess your risks before July 1, 2026.

The cryptoasset market in Poland is entering a critical regulatory phase, and the deadline of July 1, 2026, remains significant for entities planning to operate or continuing to operate as cryptoasset service providers. 

If you would like to assess how pending legislative proposals may impact your business, your obligations to the Polish Financial Supervision Authority (KNF), the CASP licensing process, or your ability to provide services in Poland, please contact our team.

We will help you analyze regulatory risks, develop an action strategy, and adapt your operational model to the requirements of the MiCA Regulation and national implementing regulations.