Poland Blocks EU-Regulated Crypto Rules for Second Time

Poland's parliament has failed to override a presidential veto on the MiCA Bill for the second time, blocking progress towards implementing the Markets in Crypto-Assets Regulation. The bill aims to regulate digital assets and align Poland with the EU's framework.

The original veto was issued by President Karol Nawrocki, citing concerns about excessive regulation, limited transparency, and the risk of placing undue burdens on small businesses.

Finance Minister Andrzej Domański has argued that clear rules are necessary to protect consumers and businesses from fraud. He described the unregulated environment as an 'El Dorado for fraudsters.'