Polish Parliament approved the crypto‑asset market bill on 18 December, after President Karol Nawrocki had blocked it with a veto.
Parliamentary vote on the crypto‑asset law
In an evening session on 18 December, the Sejm voted on a legislative proposal concerning the crypto‑asset market. The bill passed with 241 votes in favour, 183 against, and one abstention. The legislation aims to strengthen consumer protection, boost national security, and prevent the use of crypto‑assets for disruptive activities in Poland.
President Nawrocki’s veto rationale
On 1 December, President Nawrocki announced that he would not sign the crypto‑asset law, stating that the provisions threaten Polish civil liberties, property, and state stability. He cited concerns over the government’s ability to ban online companies with a single click, vague domain‑blocking rules that could lead to abuse, and the bill’s enormous scope of more than 100 pages, which he argues could drive firms abroad.
Congressional attempt to reject the veto
On 5 December, following a request from Prime Minister Donald Tusk, a session of the Sejm was held in a partially closed setting. The vote to reject President Nawrocki’s veto required a three‑fifths majority. Out of 435 MPs, 243 voted in favour, 192 opposed, and none abstained. The motion failed, though officials noted it underscored the right‑wing majority in the chamber.
