Poland president vetoes MiCA bill again as crypto companies look to license abroad

• Poland president vetoes MiCA bill again as crypto companies look to license abroad 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. • Cointelegraph in your social feed 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 signBill 2064last week, marking the second veto of proposed legislation to implement the EU’sMarkets in Crypto-Assets Regulation (MiCA), the president’s officesaidThursday.Nawrocki vetoed a similar measure in Decemberand described Bill 2064 as “practically identical” to the originalBill 1424vetoed previously. • The veto followed anannouncementby 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. • “This does not change our strategy,” Kanga Exchange co-CEO Sławek Zawadzki told Cointelegraph. • “From the beginning, we considered the possibility that the MiCA-implementing law in Poland might not enter into force in time, and we prepared alternative jurisdictional solutions accordingly,” Zawadzki said.

Article Summaries:

• 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 v

Sources:

• https://cointelegraph.com/news/poland-crypto-bill-second-veto-firms-seek-mica-abroad?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound