Polish President vetoes third crypto‑law, delaying EU MiCA rollout

On 11 June 2026 the President of Poland exercised a third veto against the government’s crypto‑asset bill that was intended to transpose the EU’s Markets in Crypto‑Assets (MiCA) regulation. The veto was justified on grounds of over‑regulation, the risk of blocking websites with a single click and the possibility of account freezes lasting up to 96 hours. Because the veto rejected the provision assigning a national supervisory authority, Poland now lacks a designated body to process Crypto‑Asset Service Provider (CASP) licences, leaving Polish firms subject to the full MiCA framework without a domestic procedural window.

In response, the centrist party Polska 2050 announced plans to introduce its own “rescue” crypto‑law in the Sejm. The draft aims to lower maximum fees for market participants, remove what it calls excessive provisions, and ease certain capital‑raising requirements while preserving the Financial Supervision Authority’s powers to block suspicious transactions and domains. The party seeks fast‑track consideration to protect roughly three million Polish investors and create a stable market environment.