In a Friday session, Poland’s lower house fell short of the votes needed to overturn President Karol Nawrocki’s veto of the stringent cryptocurrency market regulation bill, stalling a centerpiece of the national policy agenda for the sector.
Nawrocki has argued the measure is essential to align Polish rules with EU standards for the cryptocurrency industry and to bolster national security through tighter scrutiny and reporting requirements.
Although the proposal advanced through other chambers, the failed veto override underscores persistent obstacles in the legislative process that hamper timely policy implementation for digital assets.
Market participants have noted a mixed reception: crypto community praise for the veto balanced against government criticism. The President’s Office warned the provisions could threaten freedom, property, and overall national stability in Poland.