Poland's Sejm Passes Bill for Crypto Freezes Before Court Review

Poland's lower house of Parliament, the Sejm, passed a bill authorizing the interior minister to freeze crypto and other assets tied to people on a national sanctions list before a court reviews the order.

Lawmakers approved the Act on Restrictive Measures by 240-202, with one abstention and 17 members not voting.

A freeze takes effect the day after the minister's decision is posted in the ministry's Public Information Bulletin. A listed person may challenge the order in administrative court, but the challenge does not suspend it; the freeze remains active until a final judgment.

The measure applies to people and entities on the national list, rather than to crypto owners generally. Banks, exchanges and other covered parties face administrative fines if they fail to block transfers or make assets available to listed people.

The Senate has 30 days to adopt, amend or reject the bill. If it passes the chamber, it goes to President Karol Nawrocki for a decision.