{"id":62259,"date":"2025-12-06T21:16:36","date_gmt":"2025-12-06T21:16:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=62259"},"modified":"2025-12-06T21:16:36","modified_gmt":"2025-12-06T21:16:36","slug":"polish-lawmakers-fail-to-override-presidents-veto-on-crypto-market-bill-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=62259","title":{"rendered":"Polish Lawmakers Fail To Override President\u2019s Veto On Crypto Market Bill \u2014 Report"},"content":{"rendered":"<div>\n<p>According to the latest report, the lower house of Poland\u2019s parliament has failed to overturn the President\u2019s veto of the Crypto-Asset Market Act. Earlier this week, the Polish President, Karol Nawrocki, vetoed a bill aimed at setting strict rules in the country\u2019s digital assets market.<\/p>\n<h2><b>Why Did The Polish President Veto The Digital Asset Bill?<\/b><\/h2>\n<p>On Friday, December 5, Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-12-05\/polish-lawmakers-fail-to-overturn-veto-on-crypto-assets-bill\" target=\"_blank\" rel=\"noopener nofollow\">reported<\/a> that the lower house of the Polish parliament couldn\u2019t secure the required three-fifths majority vote to override the President\u2019s veto of the Crypto-Asset Market Act. This bill, introduced in June 2025, aimed to align Poland with the European Union\u2019s MiCA framework for the digital asset markets.<\/p>\n<p>Related Reading: <a href=\"https:\/\/bitcoinist.com\/key-updates-on-the-us-crypto-market-structure-bill\/\" target=\"_blank\" rel=\"noopener \">Key Updates On The US Crypto Market Structure Bill: What You Need To Know<\/a><\/p>\n<p>However, President Nawrocki decided against signing the crypto market legislation due to concerns that it may pose a real threat to the freedom of Poles, their property, and the stability of the country. According to the country\u2019s leader, \u201coverregulation\u201d is one way to drive away new companies and investors, while seriously slowing innovation.<\/p>\n<p>As Bitcoinist earlier <a href=\"https:\/\/bitcoinist.com\/poland-president-vetoes-crypto-bill-over-concerns\/amp\/\" target=\"_blank\" rel=\"noopener \">reported<\/a>, the crypto community in Poland had already raised concerns about the regulation as early as September, especially as the bill surpassed the European Union (EU) minimum regulatory requirements.\u00a0<\/p>\n<p>For instance, the bill\u2019s messaging read that all Crypto Asset Service Providers are required to obtain a license from the Polish Financial Service Authority (KNF). Meanwhile, the bill proposed heavy fines and potential prison time for market participants who break the law.<\/p>\n<p>According to the Bloomberg report, supporters of the bill have also voiced out the need to provide regulatory oversight of Poland\u2019s digital assets industry. Their belief is that clear, comprehensive rules are critical to fight fraud and avoid potential misuse of digital assets by bad actors.\u00a0<\/p>\n<h2><b>Poland\u2019s Presidency Calls Crypto Bill A Legal Fiasco<\/b><\/h2>\n<p>Rafael Leskiewicz, the press secretary of the President, took to the social media platform to <a href=\"https:\/\/x.com\/prezydentpl\/status\/1996950758265069951?s=20\" target=\"_blank\" rel=\"noopener nofollow\">react<\/a> to the lawmakers\u2019 failure to override the veto. The presidential spokesperson said the Crypto-Asset Market Act is a legal fiasco, while calling the attempt to overturn the president\u2019s veto a political maneuver.<\/p>\n<p>Leskiewicz said in a statement:<\/p>\n<blockquote>\n<p>The President, by vetoing this act, exposed the low quality of the legislation being created. This market should be subject to monitoring and control, but certainly, bad law should not be created that restricts the freedom to conduct business activities.<\/p>\n<\/blockquote>\n<p>President Nawrocki, who was elected earlier in June, had always <a href=\"https:\/\/bitcoinist.com\/poland-elects-pro-bitcoin-president-nawrocki\/amp\/\" target=\"_blank\" rel=\"noopener \">portrayed<\/a> himself as a pro-Bitcoin leader who would rather veto regulatory restrictions than create new digital asset laws. According to market data, the adoption of crypto assets by Polish households has continued to grow in recent years, with the number of domestic users expected to hit 7.9 million by this year\u2019s end.<\/p>\n<p style=\"text-align: center;\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/W3Ef656U\/\" alt=\"crypto\" width=\"2308\" height=\"1484\"><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to the latest report, the lower house of Poland\u2019s parliament has failed to overturn the President\u2019s veto of the Crypto-Asset Market Act. Earlier this week, the Polish President, Karol Nawrocki, vetoed a bill aimed at setting strict rules in the country\u2019s digital assets market. Why Did The Polish President Veto The Digital Asset Bill? [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-62259","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/62259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62259"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/62259\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}