Poland remains EU's sole MiCA holdout after presidential veto
Polish President Karol Nawrocki rejected the MiCA cryptocurrency bill, making Poland the only European Union country not to adopt this key regulatory framework. The parliament fell 18 votes short of overturning the presidential veto.
Source The Block
The MiCA legislation aims to establish uniform rules for regulating the crypto market within the EU, enhancing investor protection and financial system stability. Poland’s refusal to adopt the law may hinder its crypto market’s alignment with broader European standards.
In the near future, Poland is likely to face pressure from both domestic stakeholders and EU institutions to adopt MiCA, setting the stage for further discussions and potential compromises.
