Overview
- Lawmakers fell short of the three-fifths majority required to overturn President Karol Nawrocki’s veto, leaving the draft law shelved.
- The rejected bill sought to implement the EU’s Markets in Crypto-Assets regime, expand supervisory powers for Poland’s financial regulator, and add criminal liability for certain offenses.
- Prime Minister Donald Tusk cast the measure as a national‑security priority, warning of exploitation by foreign services and invoking Russian influence in remarks to parliament and in a post on X.
- Nawrocki and right‑wing parties argued the proposal was overly restrictive, would drive crypto firms abroad, and went beyond what other EU states adopted, with the presidency urging work on a new text.
- With most EU members advancing under MiCA, Poland’s veto leaves crypto firms facing regulatory uncertainty at home and raises the risk of businesses seeking licensing in other jurisdictions.