Poland remains the only EU country yet to implement the Markets in Crypto-Assets Regulation after parliament failed again to override a presidential veto.
Lawmakers secured just 243 votes, falling short of the 263 required to overturn the decision and integrate Poland into the bloc’s unified crypto regulatory regime.
The impasse has intensified political tensions, with the government pushing for alignment with EU standards while President Karol Nawrocki rejects the legislation.
“I will not sign a bad law simply because it has been voted on again by the parliamentary majority,”
Nawrocki said.
The dispute has drawn in crypto exchange Zondacrypto, which faces political accusations and scrutiny amid claims of influence over regulatory debates.
Zondacrypto CEO Przemysław Kral responded, saying:
“Attempts to drag me and Zondacrypto into these political quarrels are as absurd as they are harmful to the Polish innovation market.”
The deadlock has fuelled broader concerns over market fragmentation and investor risk, with officials warning the absence of regulation could turn Poland into an “El Dorado for fraudsters” as crypto debate spills into public and political arenas.