Poland Delays MiCA Adoption After President Vetoes Crypto Regulation Bill Again

Poland’s efforts to align with the European Union’s crypto regulations have suffered another setback after President Karol Nawrocki vetoed a crypto legislation bill for the third time. The decision comes just weeks before the end of the European Union’s transition period for the Markets in Crypto-Assets (MiCA) framework on July 1.

Poland Remains Outside EU Crypto Rules

Nawrocki said he supports crypto regulation but argued that the government failed to address most of the concerns raised by his office. According to the president, only one of 16 proposed amendments was included in the latest version of the bill, making it largely unchanged from the previous drafts he rejected.

The repeated veto means Poland remains the only European Union member state that has not implemented domestic legislation supporting MiCA.

MiCA Deadline Creates Pressure for Crypto Firms

Once the transition period ends on July 1, crypto asset service providers operating in the European Union will need a MiCA license to continue serving customers legally. Without local implementation, Poland-based crypto companies could face uncertainty and potential restrictions when offering services across the EU.

Crypto Sector Faces Additional Scrutiny

The latest veto comes as Poland’s crypto industry faces increased attention from authorities. Investigators are examining allegations involving one of the country’s largest crypto exchanges over suspected fraud and money laundering claims linked to approximately 2,000 customers.

The developments have increased pressure on Poland’s digital asset sector as businesses await regulatory clarity ahead of the upcoming European deadline.