Poland's Sejm Fails to Override Presidential Veto on MiCA Framework
Poland's parliament fell 25 votes short of overriding President Nawrocki's veto, leaving the country as the only EU member without a functioning MiCA framework.
Why it matters
The regulatory vacuum leaves approximately 2,000 crypto firms in Poland without a domestic licensing pathway, forcing them to either seek authorization in other EU jurisdictions or operate without regulatory clarity. The situation deepens as Zondacrypto's fraud investigation widens, with reported losses exceeding 350 million zlotys.
Key facts
Poland's Sejm voted 241 to 198 to override President Nawrocki's veto of crypto legislation.
241 votesReported by Crypto.News
The override vote fell 25 votes short of the 266 needed for a three-fifths supermajority.
25 votesReported by Crypto.News
The failed bill would have placed crypto firms under the Polish Financial Supervision Authority (KNF).
Reported by Crypto.News
An estimated 2,000 crypto firms are unable to obtain domestic authorization in Poland.
2,000 firmsReported by Crypto.News
Zondacrypto's Estonian operator was declared bankrupt in August 2026.
Reported by Crypto.News
Poland is now the only EU member state without a functioning MiCA framework.
Reported by Crypto.News
What happened
Crypto.News reported that Poland's lower house voted 241 to 198 to override President Karol Nawrocki's veto of a crypto regulation bill, falling 25 votes short of the 266 needed for a three-fifths supermajority. The failed bill would have placed crypto firms under the Polish Financial Supervision Authority (KNF) and aligned domestic rules with the EU's Markets in Crypto-Assets Regulation (MiCA). Nawrocki has now vetoed three successive versions of the legislation since December 2025, arguing each time that the proposed rules create excessive burdens and could drive companies abroad. Poland is now reportedly the only EU member state without a functioning MiCA framework, leaving an estimated 2,000 crypto firms unable to obtain domestic authorization.
How the story developed
- Update
Polish Sejm votes to override Nawrocki's veto
Lower house voted 241 to 198, falling 25 votes short of the three-fifths supermajority needed.
- First report
First report by Crypto.News
Poland blocks its own crypto future for the third time as MiCA deadline passes
- Update
First version of crypto bill vetoed by President Nawrocki
Nawrocki began blocking crypto legislation, citing excessive regulatory burdens.
- Update
Zondacrypto's Estonian operator declared bankrupt
The exchange's operator in Estonia entered bankruptcy proceedings.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto.News Crypto media | Poland blocks its own crypto future for the third time as MiCA deadline passes | Original |
Related events
Banks double presence on EU's MiCA crypto provider register to nearly 23% share
Banks on the EU's MiCA crypto register doubled from about 40 to about 80 between June 26 and Sept. 16, raising their share of listed providers to nearly 23%.
Binance's Greek MiCA bid unravels after report that Lagarde pressed Greece to reject it
The Wall Street Journal reported ECB President Christine Lagarde personally urged Greece's prime minister to reject Binance's EU crypto license bid, which Binance has declined to address.
Merck KGaA Pilots Cocoa Traceability System On Hedera Ahead Of EU Deforestation Rule
Merck KGaA, The Hashgraph Group and PwC Germany are piloting a cocoa traceability system on Hedera ahead of the EU deforestation regulation deadline, but no cocoa company has been named as a participant.
