Polish PM Donald Tusk Seeks Fresh Vote on Vetoed Crypto Bill as Zondacrypto Probe Widens

Polish Prime Minister Donald Tusk has asked the Speaker of the Sejm to schedule another vote on President Karol Nawrocki’s veto of the crypto-assets market law, arguing that the Zondacrypto affair has made further delay politically and practically indefensible.

Tusk made the request on Friday as ministers prepared the 2027 budget.

He said the exchange’s collapse no longer looks like a one-off payoff to a single politician.

In his account, it resembles an organized system in which familiar names from other controversies keep surfacing. Investigators estimate customer losses at about 350 million zloty, or roughly $94 million.

Thousands of users have been unable to withdraw funds since the platform seized up earlier this year.

The bill would bring Poland into line with the European Union’s Markets in Crypto-Assets framework.

Nawrocki has rejected successive drafts three times, in December 2025 and then in February and June 2026.

Parliament failed twice to gather the three-fifths majority needed to override those vetoes.

Without the law, domestic platforms have remained outside the EU licensing system, leaving supervisors with fewer tools as the Zondacrypto inquiry widened.

Tusk said he would ask Speaker Włodzimierz Czarzasty to put the veto back before deputies.

This, he argued, is the moment when no one can credibly claim there is “no problem” or that Poland still has plenty of time.

He said he could no longer imagine Nawrocki, Law and Justice chairman Jarosław Kaczyński, or former Prime Minister Mateusz Morawiecki brushing the issue aside.

He also said there is now “no doubt” that the “grim” and “dirty” business around Zondacrypto was tightly bound to the PiS milieu, citing money flows toward party-linked media, events, and leading politicians.

The political dispute has been running for months.

Tusk has alleged that the Estonia-registered exchange grew on capital tied to Russian organized crime and security services and that it sponsored conservative gatherings and groups, including a 2025 CPAC event in Poland at which Nawrocki received a prominent endorsement.

Prosecutors are examining suspected fraud and money laundering.

Former chief executive Przemysław Kral has now reportedly left Poland and denies wrongdoing.

The presidential chancellery says Nawrocki favors regulation consistent with the constitution but objects to what it calls a flawed government draft, and that the firm’s problems deepened under the current cabinet.

Pressure rose again this week after police detained Polish Olympic Committee president Radosław Piesiewicz over an alleged sponsorship deal with the exchange, including a reported luxury watch.

Tusk used that development to argue that the affair is taking on the scale of one of the largest political financial scandals in recent Polish history.

He said the government would not interfere with police or prosecutors, but that parliament now had to close the regulatory gap that left customers exposed.

Whether a new vote can succeed is unclear. Earlier attempts fell short of the required threshold.

What has changed is the public weight of frozen accounts, an expanding investigation, and Tusk’s insistence that postponement itself has become untenable. Poland now faces a choice between locking in EU-style crypto oversight after months of vetoes, or leaving the standoff in place while the courts work through the wreckage of Zondacrypto.



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