US EditionCryptocurrency Clash: Polish Government Fails to Overturn Presidential Veto
Prime Minister Tusk's attempt to overturn President Nawrocki's veto failed by 18 votes, maintaining concerns over transparency and freedoms in crypto regulation.
- In a parliamentary vote, MPs failed to overturn President Karol Nawrocki's veto despite 243 mostly from Donald Tusk's ruling coalition voting in favour, falling 18 short of the required three-fifths.
- The veto followed a government push to regulate the crypto-assets market, which President Karol Nawrocki argued was too onerous and `posed a real threat to the freedoms of Poles`.
- On Friday morning, Prime Minister Donald Tusk held a closed session and said parts of the crypto market are infiltrated by Russian and Belarusian entities, with Russia using crypto to pay saboteurs.
- Opposition MPs split with right‑wing parties refusing to reject the veto, while the Polish crypto industry hailed the result as a victory and Law and Justice moved to declassify the secret briefing.
- Overturning presidential vetoes is rare in Poland, with the last override in 2009 under former President Lech Kaczyński; in recent years, sabotage linked to Russia's FSB includes a Russian citizen charged earlier this week for coordinating at least 30 operatives.
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12 Articles
Tusk fails in bid to overturn presidential crypto-regulation veto despite national-security appeal
Keep our news free from ads and paywalls by making a donation to support our work! Notes from Poland is run by a small editorial team and is published by an independent, non-profit foundation that is funded through donations from our readers. We cannot do what we do without your support. Prime Minister Donald Tusk today called a classified meeting of parliament in an effort to persuade opposition MPs to help overturn opposition-aligned President…
Polish parliament upholds crypto veto, brushing aside PM's Russia warning
WARSAW, Dec 5 - Poland's government failed to overturn a presidential veto of a bill regulating cryptocurrencies on Friday, hampering its bid to increase oversight of a market it says is plagued by money laundering and open to exploitation by Russian intelligence. Read more at straitstimes.com.
Cryptocurrency Clash: Polish Government Fails to Overturn Presidential Veto
Poland's government failed to overturn a presidential veto on cryptocurrency regulation, highlighting tensions between Prime Minister Donald Tusk and President Karol Nawrocki. The bill aimed to tighten controls over a market accused of money laundering and exploitation by foreign entities, but faced criticism for being excessively burdensome.
Poland Veto Upholds Crypto Act Block, Slowing EU Rules as Bitcoin Adoption Grows
The post Poland Veto Upholds Crypto Act Block, Slowing EU Rules as Bitcoin Adoption Grows appeared on BitcoinEthereumNews.com. Poland’s parliament failed to override President Karol Nawrocki’s veto on the Crypto-Asset Market Act, delaying EU-aligned crypto regulations and sparking debates on balancing security with innovation in the digital asset sector. Parliament lacked the three-fifths majority needed to override the veto, halting the bill’s …
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