Sejm Rejects Crypto-Assets Law Veto as Zondacrypto Case Escalates Politically
Poland's lower house of parliament failed to override the president's veto on crypto-assets legislation on September 5, as Prime Minister Donald Tusk cited testimony from the Zondacrypto fraud investigation to block the bill, turning a regulatory dispute into a political confrontation.
Poland's Sejm (lower house of parliament) voted to pass crypto-assets regulation legislation but fell short of the required three-fifths majority to override President Karol Nawrocki's veto. A total of 241 MPs voted to pass the bill, 198 voted against, and three abstained—the required majority was 266 votes.
Before the vote, Prime Minister Donald Tusk presented excerpts from testimony gathered in the ongoing Zondacrypto investigation. Tusk argued that the regulatory dispute was intertwined with security concerns arising from the high-profile cryptocurrency fraud case, which has involved multiple arrests and losses estimated at nearly $95 million.
The Zondacrypto Controversy
The scandal centers on the failed cryptocurrency exchange platform Zondacrypto (formerly BitBay), where founder Sylwester Suszek disappeared in 2022 and successor Przemysław Kral vanished in April 2026. Authorities have made multiple arrests as part of fraud and money laundering investigations. On September 5, police detained Roman Ż., prompting further political fallout, with Justice Minister Waldemar Żurek and presidential aide Zbigniew Bogucki clashing in parliament.
For foreigners and investors in Poland: if you hold cryptocurrency or assets on Polish-registered platforms, monitor regulatory developments closely. The failed override suggests stricter crypto oversight may come eventually—keep documentation of transactions and consider diversifying holdings or using internationally-regulated exchanges.
Sources
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