Poland’s President Karol Nawrocki has vetoed a second bill designed to align national crypto rules with the European Union’s Markets in Crypto-Assets Regulation, deepening uncertainty ahead of a key transition deadline.
Nawrocki declined to sign Bill 2064, describing it as “practically identical” to the earlier Bill 1424 he vetoed in December, leaving Poland without implementing legislation as the July 1, 2026 MiCA deadline approaches.
“I will not sign a wrong law just because it was passed again by the parliamentary majority. A wrong law that passed a hundred times still remains a wrong law,”
Nawrocki said, adding that:
“Poland should attract innovation, not push it away.”
The Polish Financial Supervision Authority has warned that Poland has yet to designate a competent authority to supervise the crypto market under MiCA, creating regulatory limbo for domestic platforms.
“Foreign entities that obtain a MiCA license in their home countries will be able to provide services in Poland, while Polish companies currently have no formal path to begin the licensing process domestically,”
Said Sławek Zawadzki, co-CEO of Kanga Exchange, describing the situation as “regulatory asymmetry.”
Coinbase recently expanded operations in Poland after securing a MiCA licence in Luxembourg, while Zonda Crypto said it has long operated outside Poland and plans to passport its foreign licence back into the country.
As smaller Polish crypto firms weigh relocation or closure, economist Krzysztof Piech said he is preparing a more industry-friendly draft to implement MiCA, though no revised legislation has yet been submitted.