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Poland’s Sejm Approves MiCA Bill While Zondacrypto Fraud Probe Continues

Fact‑check of Poland’s MiCA crypto bill approval, Zondacrypto loss estimates, and presidential vetoes. Includes market data and outlook.

David Amara/3 min/US

Finance & Economics Editor

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Poland’s Sejm did approve a MiCA‑implementation bill (true). The claim that prosecutors estimate user losses in the Zondacrypto case exceed 350 million zlotys (~$96 million) cannot be verified with the supplied sources. President Karol Nawrocki vetoed two earlier MiCA bills, but the precise phrase “excessive, vague, and disproportionate” is not confirmed in the evidence.

Claim 1 Poland’s lower house of parliament approved a cryptocurrency regulation bill to implement the EU’s Markets in Crypto‑Assets (MiCA) framework.

Evidence CoinDesk reports that the Sejm passed a sweeping crypto‑industry bill, reviving legislation previously vetoed by the president, to align with EU MiCA rules. FinanceFeeds notes that the Sejm approved Bill 1424, the Crypto‑Asset Market Act, which brings Poland in line with the EU’s MiCA regulation and establishes licensing for crypto‑asset service providers.

Verdict True.

Analysis Multiple independent sources confirm the Sejm’s approval of a bill designed to transpose MiCA into Polish law. No sources contradict this claim. The vote fits the EU’s MiCA implementation timeline and follows prior presidential vetoes that delayed the legislation.

Claim 2 Prosecutors estimate that user losses in the Zondacrypto case exceed 350 million zlotys, equivalent to approximately $96 million.

Evidence None of the provided web sources (CoinDesk, FinanceFeeds, Wikipedia) contain a specific mention of the Zondacrypto user‑loss estimate of 350 million zlotys (~$96 million).

Verdict Unverifiable.

Analysis Without a direct source confirming the loss amount, the claim cannot be rated true or false. Further verification would require accessing prosecutor statements or reliable news reports on the Zondacrypto investigation.

Claim 3 President Karol Nawrocki vetoed two earlier MiCA implementation bills, describing them as excessive, vague, and disproportionate.

Evidence CoinDesk reports that President Karol Nawrocki refused to sign a bill he believed would impose overly‑stern regulations on the crypto market, vetoing provisions of the bill. MSN notes that President Karol Nawrocki vetoed Poland’s sweeping Crypto‑Asset Market Act, halting implementation of measures intended to align with forthcoming EU rules.

Verdict Mostly true.

Analysis Sources confirm that Nawrocki vetoed earlier MiCA bills, citing concerns over overly‑stern regulation. However, the exact wording “excessive, vague, and disproportionate” does not appear in the supplied evidence, so the claim is rated mostly true.

What to watch next The bill now returns to President Nawrocki’s desk; if he signs it, Poland will gain a formal licensing regime for crypto‑asset firms under MiCA just as the Zondacrypto case proceeds through the courts.

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