Poland Sees Setback in Crypto Regulation as President Veto Holds The Polish lower house failed to muster the necessary three-fifths majority to override President Karol Nawrocki’s veto against the Crypto-Asset Market Act. This legislative development hampers efforts to formalize the country’s digital-asset framework despite growing calls from lawmakers for urgent regulatory action amid expanding crypto [...]Poland Sees Setback in Crypto Regulation as President Veto Holds The Polish lower house failed to muster the necessary three-fifths majority to override President Karol Nawrocki’s veto against the Crypto-Asset Market Act. This legislative development hampers efforts to formalize the country’s digital-asset framework despite growing calls from lawmakers for urgent regulatory action amid expanding crypto [...]

Poland Can’t Override Crypto Bill Veto, Postponing Cryptocurrency Regulations

2025/12/06 00:40
Poland Can't Override Crypto Bill Veto, Postponing Cryptocurrency Regulations

Poland Sees Setback in Crypto Regulation as President Veto Holds

The Polish lower house failed to muster the necessary three-fifths majority to override President Karol Nawrocki’s veto against the Crypto-Asset Market Act. This legislative development hampers efforts to formalize the country’s digital-asset framework despite growing calls from lawmakers for urgent regulatory action amid expanding crypto activity.

Key Takeaways

  • Poland’s crypto law, aligned with EU’s MiCA framework, was rejected after President Nawrocki vetoed it citing concerns over freedoms, property rights, and national stability.
  • The bill was introduced by Prime Minister Donald Tusk’s government in June and aimed to establish comprehensive regulation for crypto markets.
  • Supporters viewed the legislation as crucial for national security, particularly to prevent misuse by foreign actors; opponents warned it would impose excessive burdens on startups and stifle innovation.
  • Despite regulatory delays, crypto adoption continues to surge in Poland, with increases in transaction volume and Bitcoin ATM installations, reflecting growing mainstream engagement.

Tickers mentioned: None

Sentiment: Neutral

Price impact: Neutral. Regulatory uncertainty persists, but crypto activity remains robust in Poland.

Market context: The stalled legislative process highlights the broader tension between regulatory efforts and rapid adoption within European crypto markets.

Legislative Deadlock in Poland

Poland’s lower house of parliament has fallen short of the three-fifths majority required to override President Nawrocki’s veto of the Crypto-Asset Market Act. The legislation was designed to align Polish crypto regulation with the European Union’s Markets in Crypto-Assets (MiCA) framework, introduced to establish clearer rules across member states. However, last week, Nawrocki blocked the bill, citing concerns that the legislation could threaten citizens’ freedoms, property rights, and challenge the nation’s stability, as previously reported by Cointelegraph.

The veto means the bill will not advance, compelling the government to initiate a new legislative process. The divide among lawmakers and industry stakeholders stems from differing views on balancing security and innovation. Advocates argue that comprehensive regulation is essential to combat fraud and protect the country from potential misuse by foreign powers, including Russia. Conversely, critics—particularly within the crypto industry—warn that the proposed rules are overly restrictive, including stringent licensing requirements, high compliance costs, and criminal liability provisions for executives, which could hinder startups and reduce Poland’s competitiveness in the digital economy.

Source: Kancelaria Prezydenta RP

The legislative setback has not halted crypto activity in Poland. According to Chainalysis’ 2025 Europe Crypto Adoption report, the country experienced over 50% year-over-year growth in overall transaction volume, making it one of Europe’s largest crypto economies. Poland ranked eighth in the continent for total cryptocurrency received between July 2024 and June 2025, underscoring the sector’s rapid expansion.

Investors in Poland are increasingly turning to Bitcoin, with a significant rise in ATM installations. In January, reports indicated that Poland had become the fifth-largest Bitcoin ATM hub globally, surpassing El Salvador—a country that adopted Bitcoin as a core part of its monetary system. Despite regulatory delays, the country’s crypto landscape continues to evolve quickly, reflecting a strong appetite for digital assets amid ongoing legislative debates.

This article was originally published as Poland Can’t Override Crypto Bill Veto, Postponing Cryptocurrency Regulations on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Can Bulls Defend the $2 Mark?

Can Bulls Defend the $2 Mark?

The post Can Bulls Defend the $2 Mark? appeared on BitcoinEthereumNews.com. The crypto market is holding its breath as the Federal Reserve is widely expected to announce another rate cut next week. With an 86% probability of a 25-basis-point reduction, the move signals a shift in monetary policy—one that could ripple through traditional and digital markets alike. For XRP price, this decision comes at a critical juncture. The token is consolidating near the $2 mark, showing early signs of compression that could lead to a decisive breakout or breakdown. How the Fed’s Decision Could Influence XRP Price Prediction When the Fed lowers interest rates, liquidity usually flows toward higher-risk assets like cryptocurrencies. Investors see reduced borrowing costs as a green light to move capital away from bonds and into speculative sectors. In the short term, this could boost demand across the crypto market, especially for large-cap coins like XRP that have historically tracked broad market sentiment. However, this policy shift isn’t without risk. If the rate cut sparks fears of inflation, the dollar might weaken temporarily, boosting crypto prices, but an overheated market could later face correction once inflation pressures resurface. In essence, XRP’s near-term rally potential depends not only on the cut itself but on how investors interpret the Fed’s broader tone—whether it signals a short-term stimulus or a sustained dovish stance. Technical Analysis: XRP Price Faces a Tight Squeeze XRP/USD Daily chart- TradingView The XRP price daily chart shows price holding just above the $2.04 zone, hugging the lower Bollinger Band range. The bands have tightened, signaling a phase of volatility contraction. Historically, such setups precede large directional moves. The middle band (SMA 20) around $2.11 acts as immediate resistance, while the upper band near $2.28 defines the ceiling for bullish expansion. The Heikin Ashi candles show mild indecision—smaller bodies and wicks on both sides—hinting at market hesitation. A…
Share
BitcoinEthereumNews2025/12/07 13:43