Polish Parliament Fails to Overturn Veto on Crypto Regulation

Polish lawmakers in the Sejm failed to overturn President Karol Nawrocki’s veto of a bill regulating digital assets on December 5, hindering Prime Minister Donald Tusk’s regulatory efforts.

The veto delays Poland’s alignment with the EU’s MiCA framework, potentially deterring crypto firms from operating in Poland amid unregulated market conditions and security concerns.

Poland’s Crypto Regulation Standoff with Presidential Veto

Poland’s parliament was unsuccessful in gaining the needed majority to overturn President Karol Nawrocki’s veto on a bill aimed at regulating digital assets. Prime Minister Donald Tusk viewed the veto as a security threat, emphasizing the potential for Russian interference. The bill aimed to align Poland with EU regulations, providing a framework to combat money laundering and foreign intelligence activity.

Since the veto stands, the Polish crypto market enters a period of uncertainty. Continued misalignment with the EU could push firms to countries with more clear-cut regulations, like Lithuania or Malta, potentially affecting industry presence and tax revenue. Tusk has asserted that the law was crucial for national security, mentioning illegal activities in the crypto sector involving Russian and Belarusian entities.

“Parts of Poland’s crypto market are infiltrated by Russian and Belarusian entities. This bill is essential for giving authorities the tools they need to combat money laundering and hostile intelligence activity.” – Donald Tusk, Prime Minister of Poland

Market reactions to the veto include public commentary emphasizing consumer protection and national security risks. The absence of new regulations keeps existing trading rules unaltered. Some pro-crypto figures see the veto’s failure as supportive of innovation, while policy experts caution the delay, warning it may limit Poland’s influence in shaping regional crypto trends.

Effects on Poland’s Crypto Market and Historical Precedents

Did you know? In Poland’s political history, successfully overriding presidential vetoes is rare, aligning the recent outcome with past practices and highlighting the difficulty of significant legislative changes.

Bitcoin (BTC) recorded a trading price of $89,680.06, with a market cap reaching $1.79 trillion and a dominance of 58.72% as of December 5, 2025. According to CoinMarketCap, BTC saw a 24-hour trading volume of $62.91 billion, representing a 7.98% decrease. The 30-day price decreased by 13.75%, spotlighting a broader negative trend over the past months.

According to Coincu research, the prolonged lack of regulation may deter investments and technological advancements within Poland’s crypto ecosystem. While some see potential in awaiting precise future legislation, others caution against the instability from non-standardized rules, warning it may limit Poland’s influence in shaping regional crypto trends.