Poland will reintroduce a draft crypto-assets bill after prosecutors opened an investigation into exchange Zondacrypto on April 17. Authorities estimate losses of at least 350 million złoty (~$97M) as of May 5 and are probing possible Russian links and organised‑crime angles. Zondacrypto’s CEO denies wrongdoing and says the exchange is solvent. Prime Minister Donald Tusk said the draft will return to parliament with tougher penalties for those who exploit investors, and President Karol Nawrocki’s office will review the full draft after he previously vetoed an earlier bill over regulator overreach.

Poland is reintroducing a crypto-assets bill and signaling tougher penalties after prosecutors opened a fraud and money‑laundering probe into Zondacrypto with estimated losses of 350 million złoty (~$97M); the government review and possible stricter rules are concrete regulatory actions that increase downside risk for the domestic crypto sector.