Polish President Vetoes Cryptocurrency Legislation Again, Industry Faces Regulatory Uncertainty

DeepFlowTech · 2026-02-14T02:00:44+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.

DeepFlowTech

2026-02-14 02:00:44

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Deep Tide TechFlow News, February 14 — According to Cryptopolitan, Polish President Andrzej Duda once again vetoed a cryptocurrency bill on February 13 that aimed to incorporate the EU MiCA regulations into domestic law. The bill has been 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. The KNF warned that if the bill is not passed by July 1, 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, the Tusk government in Parliament lacks the three-fifths majority needed to override the president’s veto.

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