President Andrzej Duda’s successor has dealt a fresh blow to Poland’s crypto legislation. President Karol Nawrocki has vetoed the second attempt to pass a bill implementing the EU’s Markets in Crypto-Assets Regulation, forcing local platforms to consider relocating their licensing efforts to other member states.
The veto of Bill 2064 was confirmed by the president’s office on Thursday. It follows the same pattern as December’s rejection, with the office describing this latest bill as “practically identical” to the one previously thrown out. The move leaves the Polish crypto market without a clear national framework just as the EU pushes for unified standards.
The lack of progress is becoming critical. The Polish Financial Supervision Authority (KNF) has issued a warning that the country has yet to designate a competent authority to supervise the crypto market. With the MiCA transition deadline set for July 1, 2026, the window for establishing a national system is rapidly closing.
Industry leaders are responding by looking outward. Kanga Exchange co-CEO Sławek Zawadzki confirmed that the company’s strategy remains unchanged by the domestic veto. He explained that the exchange had always anticipated this potential outcome and had prepared alternative jurisdictional solutions. This proactive approach means they are ready to move forward with licensing in other EU states, ensuring they do not miss the MiCA deadline.
