Poland's Parliament Fails Again to Override Crypto Bill Veto

Poland's Sejm has failed for the second time to override a presidential veto blocking a crypto regulation bill. In the April 18 vote, the governing coalition secured 243 votes, falling 20 short of the 263 required. President Karol Nawrocki keeps his veto, leaving Poland as the only EU member state without MiCA implementation.

What the bill does

Prime Minister Donald Tusk backs the legislation. It is designed to bring Poland in line with MiCA, the EU regulatory framework for crypto exchanges and digital assets introduced in 2024. All 26 other EU member states have already put MiCA into effect.

Nawrocki refuses to sign. His stated concerns: excessive regulation, limited transparency, and the burden on small businesses. Explaining his February veto, he said: "I will not sign a wrong law just because it was passed again by the parliamentary majority."

How we got here

This standoff has been running for nearly a year. Nawrocki issued his first veto in December 2025. Parliament reworked the bill and resubmitted it, though critics said the new version was nearly identical. A second veto came in February 2026. The April vote produced the same outcome.

Government's case for regulation

Finance Minister Andrzej Domanski warned that without clear rules, the Polish crypto market risks becoming an "El Dorado for fraudsters." Both consumers and businesses remain exposed to abuse, he said.

The Zonda exchange case adds weight to that argument. Zonda, Poland's largest crypto platform, has a wallet holding 4,500 BTC that became inaccessible amid a withdrawal dispute. It shows what unregulated markets look like in practice.

What happens next

Some Polish crypto companies did not wait. After the first veto, a number of operators began licensing in other EU countries where MiCA already applies. They chose legal clarity over the delay.

Tusk's government can try again with another revised bill or look for other constitutional paths. A compromise with Nawrocki before the Polish presidential election looks unlikely at this point.