PRO crypto Poland
Poland's lower house passed cryptocurrency legislation on Thursday despite President Karol Nawrocki's earlier veto.
The vote sends the unchanged bill to the Senate for review.Lawmakers approved the measure 241 to 183 after reintroducing it without modifications.
What happened
The Crypto-Assets Market Act aims to align Poland with the European Union's Markets in Crypto-Assets Regulation framework.
EU member states face a July 2026 compliance deadline.
Nawrocki vetoed the same legislation in early December, stating it would "genuinely threaten the freedoms of Poles, their property, and the stability of the state."
Parliament attempted to override the veto but fell 18 votes short of the required three-fifths majority.
The government then resubmitted the bill without changes last week.
A government spokesperson reportedly said Nawrocki is likely to sign the legislation this time following a classified security briefing on national security implications.
The bill grants the Polish Financial Supervision Authority broad powers over cryptocurrency operations.
Critics including industry advocates say the legislation imposes restrictions beyond EU baseline requirements.
Why it matters
Poland remains the only EU member state without MiCA implementation as neighbors including Germany, Malta, the Netherlands, and Lithuania have begun issuing licenses.The regulatory standoff has created political tensions between Nawrocki's nationalist supporters and Prime Minister Donald Tusk's pro-EU coalition.
Nawrocki campaigned on crypto-friendly positions before winning the June 2025 presidential election with 50.89% of the vote.He assumed office in August.
In a May social media post, he guaranteed "no oppressive laws" would be implemented in the digital asset industry, stating "Poland needs innovation, not regulation.”
Poland's cryptocurrency market has grown despite regulatory uncertainty.
Chainalysis ranked the country eighth in Europe for total cryptocurrency value received between July 2024 and June 2025.An estimated 7.9 million Poles use cryptocurrency according to Statista data.
Sincerely,
Pele23
Posted Using INLEO
