This morning, President of Law and Justice (PiS), Jarosław Kaczyński, gave a surprising opinion on cryptocurrency. During the press briefing in the Sejm, he stated: "I do not fully deal with cryptocurrency. Personally, I think they should be banned." The statement was made in the context of a presidential veto against the cryptoactive market law, which was to introduce EU regulations in this area. Despite Kaczyński's personal views, the PiS announced support for the President's decision, arguing that the bill was overregulation.
Background of the presidential veto
The crypto-active market bill was passed by the Sejm on November 7, 2025. Its aim was to implement the EU's MiCA (Markets in Crypto-Assets) regulation, which aims to protect investors from fraud, such as money laundering or financial fraud. Regulatory supporters stressed that without supervision 20% of customers lose money in this market. The President of Poland vetoed the bill, considering it to be too restrictive and inhibiting the development of the sector.
Kaczyński, commenting on the President's decision, added: "The President considered this to be an overregulation, so we will support him." At the same time, he announced that the PiS would support veto in the parliamentary vote. Interestingly, the PiS environment is not uniform on this issue – some younger MPs defend cryptocurrency, and a former MP of this party, currently the head of the President's Chancellery (Zbigniew Bogucki), announced a draft law that was in favour of the industry within two weeks.
Reactions of politicians and experts
Kaczyński's statement quickly caused a storm in the Polish political environment. Krzysztof Bosak, Deputy Marshal of the Sejm of the Confederacy, criticized the leader of the Law and Justice, writing on platform X: "Jarosław Kaczyński stated that he is personally in favour of the cryptocurrency to ban, some of his younger MPs with cryptocurrency, the chairman of the KNF from giving his government hinders the development of the sector". Bosak stressed that the PiS has no coherent programme in this case, and Kaczyński "has no idea what he is talking about". The Confederation proposes simple regulations to allow risk-conscious investments, while also monitoring gateways between cryptocurrency and traditional finance to prevent money laundering.
Similar opinions were expressed by Sławomir Mentzen of the Confederate, who accused Minister Żurek of disclosing classified information from the session of the Sejm, which could be a crime.
Broad context: cryptocurrency in Poland and the world
The debate around cryptocurrency in Poland reflects global trends. The European Union seeks to regulate via MiCA to protect consumers, but without a complete ban. In Poland, the crypto sector is developing but vulnerable to abuse. Critics of veto fear that the lack of regulation will facilitate money laundering, including by Russia-related entities. Supporters of market freedom argue that too strict a law will push companies abroad, depriving Poland of taxes and innovation.
Kaczyński's statement fits into wider criticism of his approach to new technologies – from lack of a bank account to skepticism towards foreign trips.
