Polish Parliament Upholds Presidential Crypto Veto Despite PM Push, Russia Warning
On Friday, lawmakers did not muster the votes needed to overturn the president’s veto of a proposed cryptocurrency law, thwarting the prime minister’s bid to tighten oversight of a market the government says is exposed to money laundering and exploitation by Russian intelligence. The stalled measure had been framed as a security and transparency push; its rejection maintains the status quo and underscores a domestic split over how aggressively to regulate digital assets.
The decision matters for crypto firms, exchanges and investors in Poland, who now face continued uncertainty about compliance requirements and enforcement expectations. Politically, the defeat weakens the government’s immediate control over crypto policy and signals that any new measures will likely require broader compromise or a revised draft. Regulators and industry players will be watching for follow-up proposals or targeted steps to address the security concerns cited by the government.