President Karol Nawrocki vetoed a second MiCA crypto bill, saying it was “practically identical” to a previous version, leaving local companies in limbo ahead of a summer MiCA deadline.
Poland’s president vetoed a second bill meant to align the country’s crypto rules with the European Union’s Markets in Crypto-Assets Regulation framework, deepening uncertainty for local platforms as a key transition deadline approaches.
President Karol Nawrocki declined to sign Bill 2064 last week, marking the second veto of proposed legislation to implement the EU’s Markets in Crypto-Assets Regulation (MiCA), the president’s office said Thursday. Nawrocki vetoed a similar measure in December and described Bill 2064 as “practically identical” to the original Bill 1424 vetoed previously.
The veto followed an announcement by the Polish Financial Supervision Authority (KNF), warning that Poland has not designated a competent authority to supervise the crypto market, highlighting the MiCA transition deadline of July 1, 2026.
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