MiCA Implementation in Poland Blocked by Second Nawrocki Veto

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President Karol Nawrocki has once again blocked Poland’s attempt to transpose the European Union’s Markets in Crypto-Assets Regulation into national law. The veto of Bill 2064 deepens the regulatory uncertainty for cryptocurrency businesses operating in the country as the clock ticks toward a Europe-wide transition deadline.

The president’s office announced on Thursday that Nawrocki refused to sign the bill, marking his second rejection of such legislation in recent months. The office characterized Bill 2064 as “practically identical” to Bill 1424, the original version that was vetoed back in December, indicating continued disagreement with the proposed legal framework.

This legislative stagnation is raising alarms within the financial oversight community. The Polish Financial Supervision Authority (KNF) recently issued a statement reminding the public that Poland currently lacks a designated competent authority to supervise the crypto sector under the incoming MiCA rules. The EU member states have until July 1, 2026, to be fully compliant.