1 month ago
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Key Takeaways
- Lawmakers failed to override the presidential veto.
- The motion fell 25 votes short.
- Poland lacks a formally designated MiCA supervisor.
- Domestic CASP applications cannot be completed.
- EU-authorized providers can still enter Poland.
The Sejm fell short of the required majority
Polish lawmakers have failed to revive the country’s Crypto-Asset Market Act, leaving Poland without a domestic authority able to license most crypto providers under the European Union’s Markets in Crypto-Assets regulation.
According to the official Sejm voting record, 241 members supported overriding President Karol Nawrocki’s veto on September 4. Another 198 voted against the motion and three abstained. Repassing the act required a three-fifths majority of 266 votes, leaving the motion 25 votes short.
The vetoed act would have designated Poland’s competent MiCA authority and established the procedures for licensing an...
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