Poland’s President Blocks Crypto Market Bill, Citing Threats to Freedom

[madmax]

Polish President Karol Nawrocki has vetoed the country’s proposed Crypto-Asset Market Act, arguing that the bill posed “genuine threats” to personal freedoms, private property, and even national stability.
A major concern: provisions allowing authorities to easily block crypto-related websites, which the president’s office called opaque and vulnerable to abuse.

Nawrocki also slammed the bill’s excessive length and regulatory burden, saying it would drive innovation and tax revenue to neighboring countries like the Czech Republic, Lithuania, or Malta.

Crypto advocates immediately welcomed the decision as a necessary stand against overreach and a win for local startups.

[Nahid Hossen]

Poland blocking the bill adds a new twist to Europe’s crypto regulatory landscape.