Poland’s attempt to pass new cryptocurrency market rules has hit another roadblock after President Karol Nawrocki refused to sign the crypto-assets bill. The decision came on June 11, when the president approved seven laws but vetoed three others.
The rejected package included the bill on the crypto-assets market, a tax limitation amendment, and a healthcare-related law. Nawrocki said the vetoes were based on citizens’ rights, effective regulation, and patient safety.
The crypto-assets bill was one of the most closely watched measures among the rejected laws. It aimed to regulate Poland’s digital asset market, but Nawrocki said the final version did not include most proposals prepared by his office.
He said he supports regulation of the sector and consumer protection. However, he argued that the bill must achieve those goals effectively before it can receive his signature.
According to the president, only one of sixteen key amendment areas from his office was included in the approved text. He also said the version sent to him was almost identical to a proposal he had already vetoed twice.
Nawrocki added that the bill would receive his approval if lawmakers correct it. That statement leaves room for another version to return to parliament, although the current proposal cannot move forward without further political action.
Prime Minister Donald Tusk reacted sharply on X after the decision. His post, translated from Polish, said: “It sounds unbelievable, but the president has vetoed the cryptocurrency bill again. He seems more entangled in it than everyone thought.”
The remark added a political layer to the regulatory dispute. Tusk’s response suggests frustration inside the government over repeated delays to the crypto framework.
Notably, the president framed the veto differently. In his statement, Nawrocki said the presidency does not exist to sign or automatically block laws. He said each decision should reflect responsibility for citizens, the state, and Poland’s future.
He also said public decisions should not be made above citizens’ heads, without explanation or discussion. That argument became part of his broader defense of the three vetoes.
While the crypto bill stalled, seven other laws received presidential approval. These included changes covering court probation officers, national and ethnic minorities, personal and corporate income tax rules, spatial planning, e-health services, inheritance and donation tax, and Poland’s participation in the Eurodac system.
(adsbygoogle = window.adsbygoogle || []).push({});The president also sent his own healthcare bill to the Sejm. That proposal focuses on access to treatment for people living with HIV and diagnostic funding changes for hepatitis C patients in prisons.
The crypto veto now leaves Poland without the proposed new framework for the digital asset market. Lawmakers can revise the text, seek broader support, or attempt another legislative route.
For crypto firms and users, the immediate result is clear: Poland’s digital asset rulebook remains unresolved, even as European markets continue adjusting to broader EU crypto regulation.
