Poland’s crypto regulation battle hit yet another milestone with the failure of the lawmakers to overcome President Karol Nawrocki’s third veto. The Sejm voted by 241 to 198 to reject the veto, while 3 representatives abstained from voting. Nevertheless, it takes at least 266 votes to override a veto, which means that at least three-fifths of the 442 deputies have to vote for this.
Third Override Effort Fails to Meet Criteria
The bill would have put Poland’s cryptocurrency market under KNF jurisdiction. Additionally, it sought to help Poland’s adoption of the Markets in Crypto-Assets Regulation from the European Union. Nawrocki claims that the strategy pursued by the government imposes too much burden on cryptocurrency businesses. Nawrocki has also expressed concerns that stringent rules may drive companies offshore.
The President claimed that only one out of 16 amendments suggested by his office was taken into account in the latest legislative round. He is in favor of a different bill which aims at fraud and financial crime protection measures. Previous veto efforts yielded similar results. Nawrocki vetoed the Crypto-Asset Market Act initially in December 2025. While the Sejm supported the override in a 243-to-192 vote, they fell short of the required three-fifths majority. Nawrocki vetoed the act once again in February 2026. Lawmakers could not pass the override in April, with 243 voting in favor and 191 against.
Political Pressure Builds Around Zondacrypto
The latest vote also unfolded alongside political accusations involving the former Zondacrypto exchange. Prime Minister Donald Tusk urged lawmakers to support the override before the parliamentary vote. He cited witness testimony from an investigation involving former Justice Minister Zbigniew Ziobro. Tusk presented allegations involving PLN 2 million, reportedly worth about €463,000. The claims also referenced Ziobro’s family and an alleged foundation arrangement.
Authorities continue to investigate those allegations, and the parliamentary claims do not represent court findings. Ziobro has faced separate investigations involving conduct during his government tenure. Nawrocki has rejected claims linking him to Zondacrypto. He previously said he never met the exchange’s executives or representatives.
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