Crypto Community Cheers: “This Prevents an Innovation Exodus”

[madmax]

Industry advocates celebrated the veto as a rare political win for the digital asset sector.
Economist Krzysztof Piech argued that the president’s move prevents a mass exodus of crypto businesses to friendlier jurisdictions like Malta or Lithuania.

Critics of the bill say its high supervisory fees and complex regulatory structure would have crushed local startups and handed the market to large foreign corporations.
Supporters believe the veto ensures the market can continue innovating — at least until clearer, more proportionate rules emerge.

[Nahid Hossen]

Clear regulations reduce the risk of innovators leaving the country.