Poland’s Crypto Regulatory Push Stalls Amid Political Standoff
Poland’s parliament failed to override President Karol Nawrocki’s veto of a controversial crypto oversight bill, leaving the country’s regulatory framework in limbo. Prime Minister Donald Tusk’s push for stricter monitoring—citing intelligence risks from foreign actors exploiting crypto channels—collided with opposition concerns over regulatory overreach and potential capital flight.
The veto preserves the status quo, delaying Poland’s alignment with EU-wide MiCA standards. Critics warn the bill’s complexity could have driven crypto firms offshore, while proponents argue unchecked markets invite illicit activity. The deadlock underscores Europe’s broader struggle to balance innovation with oversight.