President of the Republic of Poland Vetoes the Crypto-Asset Market Act
On December 1, 2025, Karol Nawrocki, President of the Republic of Poland, refused to sign the Act on the Crypto-Asset Market. The reasons cited for th...
ECB article on stablecoins and the potential risks associated with their use
On 26 November 2025, as part of the Financial Stability Review, the European Central Bank (ECB) published an article on the growing role of stablecoin...
IOSCO Report on the Tokenisation of Financial Assets
On 11 November 2025, the International Organization of Securities Commissions (IOSCO) published a report on the tokenisation of financial assets. The ...
Submission of the Polish Act on Crypto-Assets Market for signature by the President of the Republic of Poland
On 7 November 2025, the Sejm of the Republic of Poland examined the amendments proposed by the Senate of the Republic of Poland to the draft Polish Ac...
The European Central Bank continues preparation for the digital euro project
On 29 October 2025, the Governing Council of the European Central Bank (ECB) decided to move forward to the next stage of preparatory work on the digi...
EBA Report on Tackling ML/TF Risks in Crypto-asset Services Through Supervision
On 9 October 2025, the European Banking Authority (EBA) published a report on tackling ML/TF risks in crypto-asset services through supervision. The r...
Innovation Hub
Through the Innovation Hub program, the supervisory authority conducts a dialogue with entities from the FinTech sector, providing them with appropriate explanations for their inquiries, thus supporting the development of modern technologies on the financial market while maintaining safety and adequate protection of customers.
Za pośrednictwem programu Innovation Hub organ nadzoru prowadzi dialog z podmiotami sektora FinTech udzielając im stosownych wyjaśnień na zadane zapytania, wspierając tym samym rozwój nowoczesnych technologii na rynku finansowym przy zachowaniu bezpieczeństwa i odpowiedniej ochrony klientów.
VIRTUAL SANDBOX
The launch of Virtual Sandboxes aims to support the development of the Polish financial innovation market and implements the tasks set out in the Digital Supervisory Agenda. It is also the first stage of development of the KNF's offer regarding technological support for entities from the FinTech sector in the formula of virtual specialized sandboxes.
Virtual Sandbox PSD2
The Virtual Sandbox PSD2, made available to interested entities, allows you to simulate a number of banking operations and test solutions based on the Open API interface, compliant with the Polish API standard. An entity planning to offer an innovative financial payment service may apply to the Innovation Hub Program, where it will be able to consult its idea and then test it in a sandbox.
Virtual Sandbox Blockchain
On March 17, 2021, the Polish Financial Supervision Authority (UKNF) signed an executive agreement with the National Depository for Securities (KDPW), which is a continuation of the Cooperation Agreement of 2019. The agreement defines the principles of cooperation in launching the Sandbox DLT ICT environment and supporting its development. This is a consequence of the activities carried out under the Agreement, in which the institutions expressed their will to cooperate in the area of supporting the development of the Polish financial innovation ecosystem.
So far, business analyzes have been carried out to create the environment and the infrastructure at the UKNF has been separated, on which the environment based on Hyperledger Fabric was launched for the purpose of carrying out the Proof-of-Concept of the Sandbox DLT project.