Poland’s Parliament Votes 240-202 to Let Officials Freeze Crypto Before Court Review
By Micah Zimmerman
AI summary of the source article
Poland’s lower house of parliament voted 240-202 to pass a bill allowing the interior minister to freeze crypto assets and bank accounts of sanctioned individuals before judicial review. The legislation now heads to the Senate.
Why it matters
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.
Key facts
- Poland's Sejm passed the Act on Restrictive Measures by a 240-202 vote.
- The law enables the interior minister to immediately freeze crypto assets, bank accounts, and other property of listed entities prior to court review.
- Banks, exchanges, and custodians face administrative fines if they fail to freeze sanctioned assets.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Poland’s Parliament Votes 240-202 to Let Officials Freeze Crypto Before Court Review Poland's Sejm passed a sanctions bill Friday that lets the interior minister freeze bitcoin and bank funds of people on a national list, and a court appeal would not pause the freeze. This post Poland’s Parliament Votes 240-202 to Let Officials Freeze Crypto Before Court Review first appeared on B…