Poland Passes Controversial Crypto Law to Localize EU MiCA Rules
Poland’s parliament has passed a government-backed cryptocurrency bill that its authors say adapts EU MiCA standards to national practice. The vote on Dec. 19, 2025 concluded a high-profile political standoff involving both the president and the opposition, who had criticized aspects of the draft for its scope and governance implications. Lawmakers framed the measure as a way to provide clearer rules for market participants, while opponents warned of rushed or overly centralized powers.
The law’s passage matters because it creates a national route for implementing the EU’s MiCA framework, with potential effects on licensing, custody, stablecoin issuance and consumer protections in Poland. Industry participants are watching for the implementing rules and timelines that will determine how exchanges and service providers adjust. Political and regulatory fallout is likely to continue as details are finalized and the measure moves through final formalities.