Poland’s President Vetoes Crypto Bill, Sparking Major Political Clash Over Freedom And Regulation
Poland’s President Karol Nawrocki vetoed the country’s Crypto-Asset Market Act on December 1, 2025, creating intense political conflict and affecting over 1 million Polish citizens invested in Bitcoin (CRYPTO: BTC) and other digital assets.
Nawrocki rejected the legislation after concluding it posed genuine threats to civic freedoms and granted excessive power to financial regulators. The president’s office specifically criticized provisions allowing authorities to block crypto websites with minimal oversight.
The Core Of The Dispute
The vetoed legislation aimed to implement the European Union’s Markets in Crypto-Assets framework domestically. However, the Polish version spanned over 100 pages, significantly longer than implementations in neighboring countries like the Czech Republic, which required only 12 pages.
Major concerns included authority granted to Poland’s Financial Supervision Authority to block websites operated by crypto companies with what critics called a single click mechanism. The presidential office described this provision as vague and easily subject to arbitrary censorship that could harm legitimate businesses.
The legislation also included high supervisory fees that Nawrocki argued would stifle startup growth and favor larger foreign corporations. He warned this would …