Poland Crypto Bill Stalls Again After MPs Fail to Override Veto

• Poland’s crypto bill remains blocked after MPs fell 25 votes short of an override.
• The veto leaves Poland without a fully functioning domestic MiCA licensing system.
• About 2,000 Polish crypto firms may need to seek MiCA authorization elsewhere.

Poland’s crypto regulatory deadlock continued Friday after lawmakers failed to overturn President Karol Nawrocki’s veto of legislation designed to regulate the cryptocurrency market and establish a domestic licensing system under the European Union’s Markets in Crypto-Assets Regulation, or MiCA.

The defeat leaves Poland without a fully functioning framework for crypto firms seeking authorization at home, while companies face decisions over whether to seek licenses elsewhere in Europe.

The Sejm voted 241-198 in favor of overriding the veto, while three lawmakers abstained. However, supporters needed 266 votes, leav…

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