Poland moves to revive crypto assets law despite presidential veto

Monday 13 July 2026 - 10:10

By: Azzat Manal

Poland moves to revive crypto assets law despite presidential veto

Poland is moving closer to aligning its cryptocurrency regulations with the European Union's new legal framework after a parliamentary committee voted to advance legislation that had previously been blocked by a presidential veto.

The Finance Committee of the Polish Parliament recently backed efforts to revive the proposed crypto assets law, reflecting growing urgency as the European Union's Markets in Crypto-Assets (MiCA) regulation is now fully applicable across member states. The legislation is intended to establish a comprehensive national framework governing digital assets while ensuring compliance with EU standards.

The proposed law has been the subject of political disagreement between the government and the presidency. Supporters argue that adopting the legislation is necessary to provide legal certainty for businesses, investors, and financial institutions operating in the rapidly expanding digital asset sector. Critics, however, have expressed concerns that overly restrictive regulations could reduce the competitiveness of Polish crypto companies and encourage them to relocate to jurisdictions offering more flexible regulatory environments.

Government officials have emphasized that implementing a national legal framework is increasingly important now that the transitional period under MiCA has ended. Without updated domestic legislation, market participants could face legal uncertainty, creating operational challenges for companies providing cryptocurrency-related services.

The absence of a fully harmonized regulatory framework may affect a significant number of businesses active in Poland's virtual asset industry. Financial authorities have previously warned that service providers must comply with the new European licensing requirements, making legislative clarity essential for the continued development of the sector.

If approved, the legislation would strengthen investor protection, establish clearer compliance obligations for crypto service providers, and improve oversight of digital asset activities. The measure would also help integrate Poland's financial regulations with the broader European framework designed to increase transparency and stability in the cryptocurrency market.

The parliamentary process is not yet complete. Lawmakers must secure the required majority to override the presidential veto before the legislation can formally become law. The final vote is expected to play a key role in determining how quickly Poland adapts its regulatory environment to the evolving European digital finance landscape.

As digital assets continue to gain wider acceptance across Europe, Poland's decision will be closely watched by financial institutions, technology companies, and cryptocurrency investors seeking greater regulatory certainty within the European market.