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 Crypto-Assets (MiCA) framework, according to a local outlet . Nawrocki rejected it

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