President Nawrocki vetoes the crypto bill once more, extending regulatory uncertainty in Poland. Key concerns include heavy oversight, domain blocking, high fees, and the bill's lengthy complexity. In response, exchanges are adjusting their strategies, pursuing MiCA authorizations abroad to ensure continued operations.
Poland’s President Karol Nawrocki vetoed the crypto-assets bill on February 12, 2026, extending regulatory uncertainty. The bill, meant to align with the EU's MiCA regulations, faced objections over excessive oversight, domain-blocking powers, high fees for startups, and its complexity. Nawrocki raised concerns about threats to civil liberties and property rights.
In response, crypto exchanges are planning to seek MiCA authorizations in other EU states. While MiCA applies EU-wide, Poland’s failure to implement it risks missing the July 2026 deadline. Critics argue the veto weakens consumer protection.
Polish firms may shift operations abroad, with Estonia as a potential hub. Experts warn this could divert taxes and growth from Poland. The bill may need adjustments on domain-blocking, fees, and timelines to balance regulation with innovation.
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