Poland's Crypto Regulations Vote Clouded by Zondacrypto Scandal
Poland's lower house will vote this week on overriding President Karol Nawrocki's third veto of legislation regulating cryptoassets. The vote is a test for the opposition amidst the widening scandal surrounding the collapsed cryptocurrency exchange Zondacrypto.
The dispute over implementing the EU's Markets in Crypto-Assets rules has been ongoing, with Prime Minister Donald Tusk's coalition lacking the three-fifths majority needed to overturn the veto. However, Tusk requested the vote after alleging that Zondacrypto's 'dirty business' was closely connected to Law and Justice (PiS) circles.
Prosecutors are investigating possible offences involving Zondacrypto financing of foundations linked to former PiS Justice Minister Zbigniew Ziobro, pro-PiS broadcaster TV Republika, and the 2025 CPAC Poland conference, which endorsed Nawrocki for president. The collapsed exchange's CEO Przemysław Kral reportedly cut a deal with the prosecution to testify on PiS's links to Zondacrypto in exchange for a potentially lower sentence.