Polish President Vetoes Cryptocurrency Regulation Bill for the Third Time

June 13 — Reuters: Polish President Karol Nawrocki has vetoed a cryptocurrency regulation bill for the third time, saying the legislation does not include most changes his office proposed, per a statement he released. Poland’s parliament passed the crypto industry rules in May. The bill has gained major attention recently amid fallout from the collapse of Poland’s largest crypto exchange and growing debate over how strictly the sector should be regulated. The measure is designed to implement the European Union’s Markets in Crypto-Assets (MiCA) framework, and Poland must wrap up the relevant legislative approval by July. Nawrocki had already vetoed two earlier versions of the bill. He supports crypto regulation and consumer protection, but criticized Poland’s government for brushing off most of his office’s amendments during the legislative process. “Supporting regulation of this market and protecting consumers is the right move — but it has to be done effectively,” he said. He added he would sign the bill into law if it is revised to address his concerns.