Poland | Crypto

President Karol Nawrocki vetoed a second MiCA crypto bill, saying it was “practically identical” to a previous version, leaving local companies in limbo ahead of a summer MiCA deadline. Poland’s president vetoed a second bill meant to align the country’s crypto rules with the European Union’s Markets in Crypto-Assets Regulation framework, deepening uncertainty for local platforms as a key transition deadline approaches. President Karol Nawrocki declined to sign Bill 2064 last week, marking the second veto of proposed legislation to implement the EU’s Markets in Crypto-Assets Regulation (MiCA), the president’s office said Thursday. Nawrocki vetoed a similar measure in December and described Bill 2064 as “practically identical” to the original Bill 1424 vetoed previously. The veto followed an announcement by the Polish Financial Supervision Authority (KNF), warning that Poland has not designated a competent authority to supervise the crypto market, highlighting the MiCA transition deadline of July 1, 2026. Read...

Coinbase expands in Poland with PPro to support Blik, making crypto transactions faster and easier amid stalled local regulations. Major US cryptocurrency exchange Coinbase is expanding payment options in Poland by integrating with one of the country’s most widely used mobile payment systems. Coinbase has partnered with European payment processor PPro to enable payments via Blik, a popular Polish mobile payment network with nearly 20 million users. The announcement was made by Coinbase executive and NFT Paris co-founder Côme Prost, who joined the exchange in February 2024 to lead its French operations. Read more

The Polish government reintroduced an identical version of an 84-page crypto bill that was vetoed by the president, raising questions about local versus centralized EU oversight. Polish lawmakers have doubled down on crypto regulation rejected by President Karol Nawrocki, deepening tensions between the president and Prime Minister Donald Tusk. Polska2050, part of the ruling coalition in the Sejm — Poland’s lower house of parliament — reintroduced the extensive crypto bill on Tuesday, just days after Nawrocki vetoed an identical bill. The bill’s backers, including Adam Gomoła — a member of Poland2050 — called Bill 2050 an “improved” successor to the vetoed Bill 1424, but government spokesman Adam Szłapka reportedly declared that “not even a comma” had been changed. Read more