Polish Parliament Rejects Overriding President’s Veto on Crypto Bill for the Second Time, Further Delaying MiCA Implementation

According to Cointelegraph, Poland’s parliament failed again on Friday to override President Karol Nawrocki’s veto of the cryptocurrency regulation bill, with 243 votes against and 191 in favor—falling short of the required 263 votes. The bill aims to align Poland with the EU’s Markets in Crypto-Assets (MiCA) regulatory framework; however, Poland remains the only EU member state yet to implement MiCA. The president rejected the bill citing excessive regulation, insufficient transparency, and undue burdens on small and medium-sized enterprises (SMEs), while the finance minister warned that regulatory inaction would turn the market into a “haven for fraudsters.” Additionally, Poland’s largest cryptocurrency exchange, Zonda, has become embroiled in political controversy: Prime Minister Donald Tusk accused it of links to Russian criminal networks. Zonda’s CEO denied the allegations and stated the company would pursue legal action.