Poland Becomes EU’s Lone Holdout as President Vetoes MiCA Crypto Bill
The post Poland Becomes EU’s Lone Holdout as President Vetoes MiCA Crypto Bill appeared on BitcoinEthereumNews.com.
Key Takeaways: Poland is now the only EU member state without national MiCA legislation after President Karol Nawrocki vetoed the crypto-asset bill. The president claims the law threatens civil liberties, property rights, and economic competitiveness, especially for small crypto firms. The veto leaves Poland’s crypto sector in a regulatory vacuum, with no domestic authority able to issue MiCA-compliant licenses. Poland has unexpectedly isolated itself within the European Union after President Karol Nawrocki rejected the country’s long-awaited MiCA implementation bill. The decision, announced on December 1, immediately halted the legislative process and positions Poland as the EU’s lone MiCA outlier, an unprecedented situation for a market that has seen rapid crypto adoption in recent years. A Rare Presidential Veto Leaves Poland Without MiCA Alignment President Nawrocki’s announcement was direct: he refused to sign the crypto-assets market bill, arguing that the law granted excessive power to the government and posed real risks to citizens’ freedoms and financial security. He approved four unrelated legal amendments that same day, underscoring that his veto was targeted at the crypto bill alone. According to his office, the bill’s most controversial provision allowed the government to block crypto-related websites “with one click.” The president called the domain-blocking mechanism opaque and vulnerable to abuse. Critics have long warned that such powers could be misused against legal businesses, developers, or even information portals, creating a chilling effect in a sector where transparency is crucial. Another major concern raised by the president involves the size and structure of the bill itself. While other EU states passed slim, straightforward MiCA transposition acts, some just a few pages long, the Polish draft exceeded one hundred pages. Nawrocki argued that such “over-regulation” would push innovation out of Poland and into nearby jurisdictions known for crypto-friendly environments such as Lithuania, Malta, or the Czech…
Filed under: News - @ December 7, 2025 6:08 pm