In a move that has sparked concerns among cryptocurrency companies operating in Poland, President Karol Nawrocki has vetoed the MiCA crypto bill for the second time, effectively leaving these firms without a clear path to obtain a domestic license. This development comes as the local regulatory authority has issued a warning, emphasizing that a critical deadline of July 2026 is looming, which could have significant implications for the industry. As a result of this veto, many crypto firms are now being forced to consider exploring licensing options in foreign jurisdictions, in an effort to ensure compliance with regulatory requirements and maintain their operational viability. The veto of the MiCA bill by President Nawrocki marks the second instance in which the legislation has been rejected, underscoring the ongoing challenges faced by the cryptocurrency sector in Poland as it seeks to establish a more defined and stable regulatory environment. With the July 2026 deadline drawing nearer, the industry is eagerly awaiting further developments, as companies strive to navigate the complexities of the current regulatory landscape and secure the necessary licenses to continue operating within the framework of the law. The situation highlights the need for clear and consistent regulatory guidelines, as the cryptocurrency industry in Poland and beyond continues to evolve and expand, driving innovation and economic growth. As the regulatory environment continues to take shape, one thing is certain: the outcome of these developments will have far-reaching consequences for the future of the cryptocurrency industry, not only in Poland but also globally.
