Bitcoin Magazine Poland’s Parliament Votes 240-202 to Let Officials Freeze Crypto Before Court Review
Poland’s lower house of parliament voted 240-202 on Friday to let the interior minister freeze crypto assets, bank accounts and other property of people placed on a national sanctions list, before any court reviews the order.
The Sejm, Poland’s lower house, passed the Act on Restrictive Measures at its 68th sitting, with one member abstaining and 17 not voting. The Senate received the bill Monday and has 30 days under Article 121 of the Constitution to adopt, amend or reject it, after which it would go to President Karol Nawrocki.
The law, a government bill that also implements European Union sanctions rules, treats crypto assets as financial means that can be frozen, using the definition in the EU’s Markets in Crypto-Assets regulation. A freeze, as the text defines it, is meant to stop any movement, transfer, use or other change that would let the holder benefit from the assets.
Source: Bitcoin Magazine
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