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Poland's Crypto Bill Veto Override Falls Short Amid Zondacrypto Scandal

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Poland's lawmakers failed to override President Karol Nawrocki's veto of a bill intended to tighten crypto oversight, falling short by 25 votes. The Sejm voted 241-198 to override the veto, but three abstentions meant the measure missed the required 266 votes needed for passage.

The vote took place amid the Zondacrypto scandal, which has seen prosecutors investigate alleged fraud and money laundering tied to the failed crypto exchange. Prime Minister Donald Tusk disclosed testimony alleging improper attempts to influence politicians connected to Poland's previous government.

Poland still lacks a designated authority responsible for supervising cryptoassets, despite MiCA already applying across the EU, according to KNF. The statement is significant because MiCA's effectiveness depends not only on EU-level rules but also on national enforcement structures and supervisory responsibilities.

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