Polish President Vetoes Cryptocurrency Legislation Again, Industry Faces Regulatory Uncertainty

CycleProphet · 2026-02-14T02:05:21+00:00

The President of Poland has once again vetoed the cryptocurrency bill, which aims to incorporate the EU MiCA regulations but has been criticized for granting too much power to the regulatory authority. If not passed by July 1, domestic crypto platforms face the risk of operating illegally.

CycleProphet

2026-02-14 02:05:21

Abstract generation in progress

Deep Tide TechFlow News, February 14th, according to Cryptopolitan, Polish President Andrzej Duda once again vetoed a cryptocurrency bill on February 13th that aimed to incorporate the EU MiCA regulations into domestic law. The bill was criticized for granting the Polish Financial Supervision Authority (KNF) excessive powers, including the ability to suspend cryptocurrency trading and impose fines of up to 10 million zloty (approximately $2.8 million) for violations. KNF warned that if the bill is not passed by July 1st, all domestic crypto platforms will face the risk of operating illegally. Industry representatives are concerned that, in its current form, Polish crypto companies may be forced to relocate to more regulator-friendly European regions such as the Baltic states. Currently, Prime Minister Tusk’s government lacks the three-fifths majority needed in Parliament to override the president’s veto.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.