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>>Poland considers competing cryptocurrency proposals as the MiCA regulations are delayed.

Poland considers competing cryptocurrency proposals as the MiCA regulations are delayed.

crypthub

about 6 hours ago

Competing Legislative Proposals

Two draft laws vie to shape Poland’s leading crypto market. One is from Prime Minister Donald Tusk’s government, the other from President Karol Nawrocki. Both must meet the EU MiCA deadline of 1 July 2026, but political clash stalls progress.

Presidential Initiative and Political Context

Nawrocki’s bill aims at consumer protection, state oversight and entrepreneur rights. He has vetoed the government’s Crypto‑Asset Market Act twice after the ZondaCrypto collapse left thousands without funds. Critics say the move politicises regulation and lacks parliamentary support.

Government Response and Regulatory Outlook

Tusk plans to re‑introduce his bill with harsher fraud penalties and expanded KNF powers. Industry groups warn it exceeds MiCA requirements and burdens small firms. With both sides facing likely vetoes, a clear framework remains uncertain ahead of the July 2026 deadline.