Poland's President Blocks MiCA Implementation Again – Regulatory Vacuum Looms

Poland's President Karol Nawrocki has once again refused to sign the national implementation law for the EU's MiCA crypto regulation. According to an official statement from the Presidential Office, Nawrocki rejected the legislative proposal because it is "practically identical" to the version already rejected in December.^[1]

In his justification, the President stated clearly: "I will not sign a bad law just because it has been passed again by the parliamentary majority. A bad law that is passed a hundred times remains a bad law."^[1]

Due to the renewed veto, Poland continues to lack a national framework for implementing the European Markets in Crypto-Assets Regulation. The Polish Financial Supervision Authority (KNF) had already pointed out that no competent supervisory authority for the crypto sector has been designated.^[1]

This creates a problematic situation for Polish crypto service providers: While providers with MiCA licenses from other EU member states can offer their services cross-border in Poland, no licensing procedure currently exists for domestic companies. The transition period under the European regulation runs until July 1, 2026.^[1]