🇵🇱 Poland

Poland has a legal regulatory framework for cryptocurrencies. The EU's MiCAR regulation is directly applicable, but national legislation has been vetoed, indicating reliance on EU-level rules. The Polish Financial Supervision Authority (KNF) actively monitors the market and issues warnings but no specific national crypto laws are detailed on the page.

Overview

StatusLegal
Risk Score28/100 (Moderate Risk)
Regioneurope
CurrencyPLN
Adoption Rank#26

Tax Information

Capital Gains (Personal)19% flat tax on crypto capital gains
Capital Gains (Corporate)19% CIT (9% for small taxpayers)
VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorKNF
FrameworkMiCAR (directly applicable but national legislation vetoed)
Easemedium
Cost (USD)$20,000 - $150,000

Presidential veto prevents KNF from issuing CASP licences. Polish businesses at severe competitive disadvantage. No domestic authority can authorize CASPs.

Enforcement Activity

Level: Moderate

KNF maintains a public warning list of unauthorized financial entities including crypto platforms. KNF has increased focus on crypto consumer protection.

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberNo
FATF Statusfsrb_only
FATF BodyMONEYVAL
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

MiCA applies to DeFi with identifiable operators. KNF follows ESMA guidance.

Stablecoins

Status: specific_framework

MiCA stablecoin framework applies. KNF oversees authorization.

NFTs

Status: Unclear

MiCA excludes unique NFTs. KNF follows ESMA classification guidance.

Mining

LegalYes
Electricity Cost$0.122/kWh
Renewable Energy21%
Infrastructuregood

Mining is legal with moderate electricity costs and a temperate climate favorable for cooling. Infrastructure quality is good. Renewable energy share is 21%.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index55/100
Banking Accessmoderate

Risk Factors

Poland is politically stable with no international sanctions. Corruption is moderate. Banking access for crypto companies is moderate. Internet freedom is free. Risks include regional tensions and some regulatory uncertainty.

Sources

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Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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