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 Crypto-Assets (MiCA) framework, according to a local outlet. Nawrocki rejected it for threatening civil freedoms, adding unclear domain-blocking powers and high fees that burden small firms.

Government officials warned that the veto leaves consumers exposed to fraud and drives businesses elsewhere, according to Bloomberg.

Poland hosts a thriving crypto market, with 7.9…