Polish president vetoes crypto regulation for the third time - Reuters

Poland's president has vetoed the country's proposed crypto regulation for a third time, according to Reuters, extending a prolonged standoff over how digital assets should be supervised. The repeated veto means the framework has still not taken effect, leaving Poland without the updated rules lawmakers had advanced.

For market participants, the practical effect is uncertainty rather than an immediate change in obligations. Firms operating in Poland continue to rely on the existing patchwork of rules, while the European Union's broader Markets in Crypto-Assets (MiCA) framework sets a regional baseline. How national supervision dovetails with that EU-level regime remains a key question.

What to watch: whether lawmakers attempt a further revised bill, whether a veto override is pursued, and how the delay affects licensing timelines and compliance planning for exchanges and service providers active in the Polish market. Until the impasse resolves, expect regulatory clarity to arrive from EU-level measures rather than national legislation.