Poland’s lower house of parliament adopted a bill by 240 votes to 202 allowing the interior minister to freeze crypto assets, bank accounts and other property of people placed on a national sanctions list before any court review. The text, which also implements some European Union sanctions rules, classifies crypto assets as financial means that can be frozen. A freeze would become enforceable the day after publication and remain in force until a final court judgment, with no opportunity for a judge to suspend it. Banks, exchanges and other compliance-obliged institutions could face administrative fines for failing to freeze the assets. The bill still needs to be reviewed by the Senate, which has 30 days to act, before being submitted to President Karol Nawrocki.
Source: Read the original article
