Polish Government Urges President to Sign Crypto Bill He Already Rejected: Report

• Poland's government has reintroduced a cryptocurrency bill that was vetoed by President Karol Nawrocki, with Prime Minister Donald Tusk urging its passage to address national security concerns linked to Russia and former Soviet states.
• The Cryptoasset Market Act aims to align Poland's regulations with the EU's Markets in Crypto-Assets regime, providing a unified framework for crypto oversight.
• President Nawrocki vetoed the bill, citing concerns over stringent regulations that he believes threaten the freedom and stability of Polish citizens.

Poland’s government reintroduced a cryptocurrency bill vetoed last week by President Karol Nawrocki, with Prime Minister Donald Tusk urging him to sign the legislation to mitigate what officials say are national security threats linked to Russia and other former Soviet states, Rzeczpospolita reported.

The bill, formally known as the Cryptoasset Market Act, would align Poland’s regulatory framework with the European Union’s Markets in Crypto-Assets (MiCA) regime, which establishes a single rulebook for crypto oversight across the bloc. The government resubmitted the legislation without amendments.

"Our official register of companies operating in the cryptocurrency market includes over 100 entities directly linked to Russia, Belarus, and the countries of the former Soviet Union,” Tusk said, according to the report. “This is a wake-up call, we must ensure the security of the state and its citizens in this matter."

Cryptocurrencies are increasingly used as instruments of hostile activity, underscoring the need for tighter supervision, Tusk said. "Unfortunately, cryptocurrencies often serve as a tool for sabotage, including by enemies of the Polish state, so basic control is all the more necessary and essential."

Nawrocki vetoed the legislation last week, arguing it would impose overly stringent regulations on the crypto market. In a statement on his website on Dec. 1, he said the legislation "poses a real threat to the freedom of Poles, their property and the stability of the state."

UPDATE (Dec. 12, 14:29 UTC): Changes verb in headline to Urges from Pressures.

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