Poland crypto industry scored a major win this week, as plans to move ahead with new crypto rules stalled on Friday after lawmakers failed to override President Andrzej Duda’s veto. The setback slows Prime Minister Donald Tusk’s effort to align national policy with the European Union’s MiCA framework.
The Sejm, Poland’s lower house, fell 18 votes short of the three-fifths majority needed to reverse the president’s decision. With the veto standing, Tusk’s coalition must restart the entire process if it wants to establish a formal regulatory system for digital assets.
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Why Did Poland’s Crypto Bill Spark a Fresh Political Clash?
As per Bloomberg report, Poland’s political divide widened this week as the clash between President Karol Nawrocki’s nationalist bloc and Prime Minister Donald Tusk’s pro-EU coalition entered another round.
Nawrocki stopped the crypto bill earlier in the week, arguing that it carried more complexity than the MiCA-aligned rules adopted in other EU states. He also warned that the plan could push local crypto companies out of Poland.
Tusk urged lawmakers to reverse the veto, framing the issue as a matter of national security. He said Russian intelligence networks and organized crime groups were using digital assets to move funds without detection.
Industry voices remain split. Some groups supported the bill and said it would finally give Poland’s crypto sector the basic regulatory clarity it has lacked for years. Others said the rules were too strict.
The CEO of Zondacrypto, one of Poland’s largest exchanges, previously called the draft a “step backwards” and warned it could turn routine blockchain development into a criminal offense.
Poland now stands apart from the rest of the European Union as other member states move ahead with MiCA, which took full effect at the end of December 2024.Â
Germany, Malta, the Netherlands, and Lithuania have already started issuing licenses to crypto-asset service providers under the new rules.
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Why Is Poland’s Crypto Market Expanding Despite the Policy Gap?
Poland’s crypto market, however, continues to grow despite the policy gap. Chainalysis places the country eighth in Europe for total crypto value received between July 2024 and June 2025. The firm also reports that transaction volumes rose by more than 50% from the previous year.
Statista estimates that about 7.9M people in Poland now use cryptocurrency, representing roughly one-fifth of the population.
Italy is taking a tougher stance. The financial regulator, Consob, reminded firms this week that they must meet the December 30 MiCA deadline.
According to Consob’s press release, any registered virtual asset service provider now has two options: begin the licensing process or shut down.
Across the European Union, the European Commission is reviewing proposals to hand crypto-exchange oversight to a single authority similar to the US Securities and Exchange Commission.
The idea would shrink the role of national watchdogs, but officials say a bloc-wide system would take years to negotiate, approve, and roll out.
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The post Poland Stand Strong and Alone In Defiance of EU MiCa Crypto Rules appeared first on 99Bitcoins.