The Polish lower house failed to overturn the president's veto of the crypto asset bill.
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TL;DR
Poland's lower house failed to overturn the president's veto of a crypto asset bill, lacking the required three-fifths majority. The president had emphasized the bill's importance for EU standards and national security, highlighting legislative hurdles.
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Polandcrypto asset billpresidential vetolegislative processEU standards
According to a Bloomberg report on December 5th, the Polish lower house of parliament failed to reach the three-fifths majority needed to overturn President Navorodsky's veto in Friday's vote. President Navorodsky stated before the vote that the legislation was crucial for implementing EU standards for the cryptocurrency industry and for national security. Although the bill passed other levels of parliament, the president's veto and the lower house's defeat indicate that the bill encountered significant obstacles in the legislative process.