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Polish government-backed crypto bill passes after repeated presidential vetoes

Crypto Briefing
Poland’s parliament passed a government-backed crypto bill to adopt EU MiCA regulations, though it still faces the threat of another presidential veto.

Summary

Poland’s lower house of parliament, the Sejm, has approved a government-backed bill to align the country’s crypto market with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The bill, which designates the KNF as the primary regulator, aims to establish licensing for crypto-asset service providers and enforce strict compliance standards. Despite passing with a 241 to 200 vote, the legislation faces significant uncertainty as President Karol Nawrocki has previously vetoed two similar versions, citing concerns over civil and economic freedoms. If the bill is vetoed again, parliament will require a difficult three-fifths supermajority to override the decision.

(Source:Crypto Briefing)