"Poland can now freeze your crypto without a court order" is the viral headline. The bill is narrower than that, and still worth watching.
What passed: the Sejm voted 240-202 (one abstention) on the Act on Restrictive Measures. The interior minister would keep a national sanctions list, listings take effect the day after publication, and an appeal in administrative court does not automatically pause the freeze (Cointelegraph, crypto.news).
What it isn't: a blanket freeze. It applies only to people and firms on the list, and it still needs the Senate (30 days) and the president's signature.
My read: a government order doesn't hand anyone your private keys, so self-custody is harder to reach. Regulated exchanges are the pressure point, because they must enforce freezes. The part that matters for users is enforcement before a court rules, plus listing grounds that now include "information manipulation".
Will the Senate tighten the wording, or is this the template other EU states copy for $BTC and $USDT holders?
#Poland #MiCA #CryptoRegulation
Disclosure: Write to Earn may pay me a commission on cashtag trades.
What passed: the Sejm voted 240-202 (one abstention) on the Act on Restrictive Measures. The interior minister would keep a national sanctions list, listings take effect the day after publication, and an appeal in administrative court does not automatically pause the freeze (Cointelegraph, crypto.news).
What it isn't: a blanket freeze. It applies only to people and firms on the list, and it still needs the Senate (30 days) and the president's signature.
My read: a government order doesn't hand anyone your private keys, so self-custody is harder to reach. Regulated exchanges are the pressure point, because they must enforce freezes. The part that matters for users is enforcement before a court rules, plus listing grounds that now include "information manipulation".
Will the Senate tighten the wording, or is this the template other EU states copy for $BTC and $USDT holders?
#Poland #MiCA #CryptoRegulation
Disclosure: Write to Earn may pay me a commission on cashtag trades.