Poland Resubmits Vetoed Crypto Bill Amid EU MiCA Debate

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Poland's government reintroduced an identical version of an 84-page crypto bill that was vetoed by the president, raising questions about local versus centralized EU oversight.

Published: 2025-12-11 | Read: ~2 min | Category: Crypto

Crypto Bill Reintroduction: What's at Stake?

Polish lawmakers have doubled down on crypto regulation rejected by President Karol Nawrocki, deepening tensions between the president and Prime Minister Donald Tusk. Polska2050, part of the ruling coalition in the Sejm — Poland's lower house of parliament — reintroduced the extensive crypto bill on Tuesday, just days after Nawrocki vetoed an identical bill.

Source: Adam Gomoła

The bill's backers, including Adam Gomoła — a member of Poland2050 — called Bill 2050 an 'improved' successor to the vetoed Bill 1424, but government spokesman Adam Szłapka reportedly declared that 'not even a comma' had been changed.

Source: Government spokesman Adam Szłapka

European MiCA Framework: Centralized Oversight and Regulation

The debate over Poland's crypto bill sets an important precedent for implementing the EU-wide MiCA regulation, as the proposed legislation would place responsibility for market supervision on the local financial regulator. The issue is particularly significant amid calls from some member states for more centralized MiCA supervision under the Paris-based European Securities and Markets Authority (ESMA).

In October, the Bank of France urged the EU to give the ESMA direct supervisory powers, warning that a fragmented approach to oversight could undermine the bloc's financial sovereignty. Some EU member states have pushed back against centralized oversight under MiCA, with regulators in Malta arguing that it could create additional layers of supervision that might stifle market innovation.

Source: Original Article

Key Takeaways:

• Poland's government reintroduced an identical version of an 84-page crypto bill that was vetoed by the president.
• The debate over Poland's crypto bill sets an important precedent for implementing the EU-wide MiCA regulation.
• Some EU member states have pushed back against centralized oversight under MiCA.

In conclusion, the reintroduction of Poland's vetoed crypto bill has significant implications for the implementation of the EU-wide MiCA regulation. The debate over centralized oversight and market supervision raises important questions about the balance between local and centralized EU oversight.

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Original Article

Adam Gomoła's tweet

Government spokesman Adam Szłapka's statement