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2025-12-13 12:38:01

Polish Government Presses President to Sign Crypto Bill After Veto

Poland’s government has renewed pressure on President Karol Nawrocki to sign a long-delayed cryptoassets bill, despite his recent veto and a failed attempt by lawmakers to overturn it. The move has reopened a political standoff over how quickly the country should align its crypto rules with European Union standards. The cabinet reapproved the bill and urged the president to give his signature, arguing that further delays could leave Poland out of step with EU regulations and weaken oversight of the fast-growing digital asset sector. The appeal came days after parliament failed to secure enough votes to override the veto. The renewed push drew attention because the resubmitted bill did not include material changes, even though the president had already rejected the same text earlier this month. Veto Blocks Crypto Law Despite Parliamentary Vote President Nawrocki vetoed the cryptoassets bill earlier in December, citing concerns about its scope and potential impact on market participants. His decision immediately halted the law, which had passed through parliament but required presidential approval to take effect. Lawmakers in the Sejm later attempted to override the veto. However, they fell short of the required supermajority, leaving the bill blocked under Poland’s constitutional process. As a result, the legislation could not advance, despite support from the ruling coalition. The veto created an unusual situation in which the government’s legislative agenda stalled, even though the bill had already cleared most parliamentary hurdles. That impasse set the stage for the cabinet’s decision to reapprove the same draft. Government Cites EU Rules and Security Risks After the failed override vote, the government approved the bill again and publicly urged the president to reconsider. Officials said the legislation is necessary to implement the EU’s Markets in Crypto Assets framework, known as MiCA, which sets common rules for crypto firms across the bloc. Government representatives argued that without the law, Poland risks falling behind other EU states that are already moving to enforce MiCA standards. They also said the absence of clear domestic rules could weaken supervision and enforcement in the crypto sector. In public statements, the government linked the issue to broader security concerns. It warned that regulatory gaps could expose the financial system to abuse and illicit activity, adding urgency to its call for the president’s approval. The president has not indicated whether he will change his position. Until he signs the bill or a revised version clears parliament, Poland’s crypto framework remains in limbo.

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