Poland Stalls on MiCA as Lawmakers Back President’s Crypto Veto
Key Notes
- President Nawrocki blocked the bill citing threats to civil liberties and burdensome fees for small businesses.
- Poland’s 7.9 million crypto users remain without regulatory protection as neighboring EU states implement MiCA compliance.
- The legislative deadlock risks driving Polish crypto firms to Lithuania and Malta while sacrificing tax revenue.
Polish lawmakers failed to override President Karol Nawrocki’s veto on a bill to regulate crypto assets. The lower house needed a three-fifths majority but fell short at 18 votes. Prime Minister Donald Tusk called the measure a national security priority due to Russian influence in the sector.
The bill aimed to align Poland with the EU’s Markets in…
