Overview
- Parliament did not reach the three-fifths majority required to overturn President Karol Nawrocki’s veto.
- The rejected bill would have implemented the EU’s MiCA regime, granting the financial regulator supervisory powers and introducing criminal penalties for unlicensed crypto activities.
- Prime Minister Donald Tusk framed the measure as a national-security priority, warning of foreign and Russian intelligence exploitation of the crypto market.
- The presidency and right‑wing parties said the proposal was overly restrictive, risked driving businesses abroad, and called for a new draft.
- The outcome leaves a regulatory gap as many EU states proceed under MiCA, raising concerns over consumer protection and company relocations; Coinspeaker reported the override fell short by 18 votes.