Poland Stands Alone: EU’s Only Country Without Crypto Rules After Failed Vote
The post Poland Stands Alone: EU’s Only Country Without Crypto Rules After Failed Vote appeared on BitcoinEthereumNews.com.
Poland has become the European Union’s only holdout on cryptocurrency regulation after lawmakers failed to overturn President Karol Nawrocki’s veto of a crucial crypto bill. The December 5 parliamentary vote fell 18 votes short of the required three-fifths majority needed to override the presidential decision. This political deadlock leaves Poland as the sole EU member state without a domestic framework for the Markets in Crypto-Assets (MiCA) regulation, which came into full effect at the end of December 2024. The Battle Over Digital Assets The failed override exposed deep political divisions between Prime Minister Donald Tusk’s pro-EU coalition and President Nawrocki’s nationalist base. Tusk positioned the Crypto-Asset Market Act as a national security requirement, arguing that digital assets were being used as funding channels for Russian intelligence services and organized crime. President Nawrocki rejected this framing entirely. He vetoed the bill on December 1, stating its provisions “genuinely threaten the freedoms of Poles, their property, and the stability of the state.” His main concern centered on a provision that would allow the Polish Financial Supervision Authority (KNF) to block cryptocurrency websites with one click. The president also criticized the bill’s complexity, noting it ran over 100 pages compared to much shorter implementations in neighboring countries like the Czech Republic and Slovakia. Industry Divided on Regulation The crypto industry offered mixed support for the legislation. Some groups pushed for regulatory clarity after years of uncertainty. However, others warned that the proposed framework went too far. The CEO of Zondacrypto, one of Poland’s largest exchanges, called the bill a “step backwards” and warned it could criminalize legitimate blockchain development work. This lack of unified industry support weakened the political momentum Prime Minister Tusk needed to secure the override. Crypto advocates like Sławomir Mentzen, leader of the opposition Confederation party who campaigned on promises…
Filed under: News - @ December 7, 2025 8:14 pm