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Poland’s President Vetoes MiCA Crypto Law Over Regulation Fears
Poland’s President Vetoes MiCA Crypto Law Over Regulation Fears
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BTCCSquare news:
Polish President Karol Nawrocki has vetoed the 'Crypto-assets Market' law, a MOVE that stalls the country's alignment with the EU's Markets in Crypto-Assets (MiCA) framework. The decision reflects concerns over excessive regulatory overreach and potential threats to citizens' freedoms.
The veto targets provisions granting authorities broad powers, including the ability to block crypto-related websites without due process. Critics argue such measures could stifle innovation and undermine property rights in Poland's growing tech sector.
This development creates regulatory uncertainty for crypto businesses operating in Poland while sparking debate about balancing consumer protection with economic freedom in digital asset markets.
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