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Crypto Regulation: Polish Parliament Fails To Overturn Presidential Veto Again

Poland's Parliament has again failed to override President Karol Narcowski's veto of the Crypto Asset Market Act, which aimed to align national regulations with the EU's MICA framework. The vote fell short of the required majority, marking the second unsuccessful attempt to pass the legislation. The President has consistently opposed the bill, citing overregulation, ambiguity, and increased burdens on small businesses. Government ministers criticized the veto, with the Finance Minister warning that the lack of regulation fosters a risky environment for investors. Prime Minister Donald Tusk also accused Poland's largest crypto exchange, Zondacrypto, of having alleged ties to Russian intelligence and funding opposition politicians, linking these concerns to the legislative push. The government has vowed to continue its efforts to pass the bill.

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