Polish President Vetoes Broad Crypto Bill, Sparks Government Clash
Poland’s president formally blocked a broad cryptocurrency bill on Dec. 2, arguing the proposed law risked driving startups and talent out of the country. The veto came with a public warning about competitiveness and immediately sparked an intense political showdown between the presidency and the government that backed the measure.
The decision creates short-term uncertainty for local crypto firms and investors, who now face an unclear regulatory path. Lawmakers will need to decide whether to revise the bill, negotiate changes, or attempt to override the veto—choices that will determine whether Poland tightens rules while keeping industry players at home or pushes activity to more business-friendly jurisdictions.