Poland's President Vetoes MiCA Bill, Cites Threats to 'Freedoms of Poles'

Poland's President Vetoes MiCA Bill, Cites Threats to 'Freedoms of Poles'

President Karol Narwocki was concerned that the Cryptoasset Market Act would allow the government to disable crypto companies websites "with a single click."

Poland’s President Vetoes MiCA Alignment Bill, Citing Threats to Civil Liberties

Key highlights: Poland’s President Karol Nawrocki vetoed the Cryptoasset Market Act, pausing Poland’s planned alignment with the EU’s MiCA framework. He says the bill threatens civil liberties and property rights, citing powers to rapidly block crypto company websites with too little oversight. Nawrocki argues the act is overly long and burdensome, likely raising compliance costs, favoring big institutions over startups, and risking innovation…

Polish president vetoes crypto bill as ministers accuse him of ‘choosing chaos’

Poland’s president Karol Nawrocki has refused to sign a flagship law for the country’s crypto industry, setting off a major clash with his own government over how far the state should go in policing digital assets. By vetoing the Crypto-Asset Market Act, he said the rules “genuinely threaten the freedoms of Poles, their property, and the stability of the state,” according to his press office. For him, one of the most troubling elements is a tool…

Poland’s President Blocks New Crypto Law

Key Takeaways The veto centers on control and economic freedom rather than crypto itself. Officials say the decision exposes citizens to risk; advocates say the law would have killed innovation. MiCA’s upcoming EU-wide rules make Poland’s next move decisive for its competitiveness.  The trigger was not the existence of crypto itself, but the question of who should shape its future: the state, the market or Brussels. President Karol Nawrocki has…