Poland Pushes Back: Govt Refiles Same Crypto Law Despite President’s Veto

In a bold escalation of Poland’s political rift, the government under Prime Minister Donald Tusk has reintroduced the exact same cryptocurrency regulation bill vetoed by President Karol Nawrocki—without a single comma changed—intensifying clashes over EU compliance and national security. This move, filed on December 10, 2025, by the ruling coalition’s Polska2050 party as “Bill 2050,” restarts the legislative process after a failed veto override, leaving Poland as the EU’s sole holdout on MiCA implementation ahead of the July 2026 deadline.

A Fiery Clash on Crypto Oversight

Nawrocki vetoed the 84-page Crypto-Asset Market Act on December 1, decrying its “onerous” provisions as threats to civil liberties, property rights, and market stability. Key objections included opaque website-blocking powers for the Financial Supervision Authority (KNF), excessive licensing fees, and a sheer volume exceeding slimmer laws in Hungary or Czechia—potentially driving firms abroad and stifling innovation. The Sejm’s December 5 attempt to override with a three-fifths majority fell 18 votes short, despite Tusk’s classified briefing on Russian-linked threats.

Government’s Security-Driven Defiance

Tusk’s administration insists the bill is vital for MiCA alignment, empowering KNF oversight, imposing AML controls, and introducing criminal penalties for crypto offenses. They cite over 100 entities tied to Russia and Belarus infiltrating Poland’s crypto registry—used for espionage and laundering—arguing delays risk EU fines and a regulatory vacuum endangering consumers. Spokesman Adam Szłapka dismissed revisions, claiming a recent security briefing may sway Nawrocki against another veto.

Opposition and industry voices, including Zondacrypto’s CEO, warn the “destructive” rules could criminalize blockchain development and erode Poland’s thriving sector—eighth in Europe for crypto inflows, with 50% YoY transaction growth.

Uncertain Path Forward

The refiled bill heads back to the Sejm for debate, potentially forcing another veto showdown or negotiations for a lighter “MiCA+0” version. For Poland’s 3 million crypto users, this deadlock spells prolonged uncertainty: delayed licensing, wary banks, and stalled fintech launches amid Europe’s accelerating adoption.

Yet, the government’s tenacity underscores a pro-regulation resolve—balancing security against innovation in a high-stakes EU race.