President Nawrocki Introduces Cryptocurrency Bill
President Karol Nawrocki has presented a bill on cryptocurrencies to the Sejm. The head of the president's office, Zbigniew Bogucki, stated that the existing government laws regarding crypto assets have not effectively protected investors. The president aims to introduce regulations that will ensure mandatory communications for investors before depositing funds on exchanges and require court approval for extending the freeze on bank accounts of suspicious projects. The bill is also set to guarantee the possibility of obtaining compensation from the State Treasury in case of erroneous actions by the state. President Nawrocki has already vetoed government bills three times, arguing that they could overregulate the cryptocurrency market. The last attempt to override the veto took place on September 4, but the government did not secure enough votes. The government has announced another bill that is expected to be similar to previous ones, which may result in another presidential veto.
-- Price
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