Government to Enforce Its Own Crypto Law; Tusk Urges President Not to Interfere

Polish Prime Minister Donald Tusk has called on President Andrzej Nawrocki to refrain from interfering as the cabinet moves to re‑pass a controversial cryptocurrency law on December 9.

Tusk Asks President Not to Interfere

Prime Minister Donald Tusk addressed President Andrzej Nawrocki during a Cabinet session on Wednesday, emphasizing that the government intends to re‑adopt a draft cryptocurrency law. He urged the president to abstain from opposition or intervention.

Tusk said that recent hearings had shown the president was previously unaware of the details, and that the law is essential for protecting market participants.

Law Aims to Secure Investors and State Interests

The law is designed to make the Polish cryptocurrency market “safe from the viewpoint of investors and the state,” Tusk asserted. He cited more than 100 firms in the official registry connected to Russia, Belarus, and former Soviet Union states as evidence of the need for regulation.

He described the legislation as an “alarm bell,” demanding urgent measures to safeguard national and citizen security without compromising individual investors’ interests.

President Granted Access to Detailed Intelligence

Tusk promised that President Nawrocki could obtain all detailed information held by government services and prosecutors. He insisted that the president could request any specifics needed before making a decision.

He stressed that the stakes involved human and national security.

President Nawrocki Vetoes the Crypto Law

On December 1, President Nawrocki vetoed the draft law, arguing that its provisions threatened Poles’ freedoms, private property, and state stability. He feared the government could single‑click block websites of crypto firms, leading to abuses.

He also cited lack of transparency, high supervisory fees that would cripple small firms, and favoritism toward foreign corporations as reasons for the veto.

Parliament Fails to Overturn Veto

The Sejm attempted to reject the president’s veto, but the motion did not secure the required majority and thus failed to override the veto.

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