Poland’s president vetoes crypto bill for the third time as MiCA deadline is 2 weeks away

Poland is still the only EU country without a national MiCA framework, and the clock is now down to 1 July 2026. For crypto providers serving EU clients, that is not a political footnote: it is a licensing problem with an actual deadline attached.

1. President of Poland has vetoed the crypto-assets bill for the third time, saying parliament ignored the amendments proposed by his office.
2. The main objection was the scope of powers given to KNF, Poland’s financial regulator: the bill would have allowed it to block accounts and freeze transactions for up to 6 months without judicial review.
3. The president also pointed to weak consumer protection, including insufficient appeal mechanisms against regulator decisions, and the lack of court oversight over asset freezes.
4. The industry problem is not abstract. Poland remains the only EU country without a national MiCA implementation framework, while the transition period ends on 1 July 2026. After that, crypto providers without authorisation must stop serving EU clients.
5. That creates a direct operational squeeze for Polish firms that have been operating under temporary rules: they now have neither a national licence nor a path to MiCA passporting. And if a Polish crypto provider serves clients in Germany or Lithuania, it still falls under MiCA requirements, even if those markets are issuing licences actively.

For PSPs, acquirers, and bank partners, the practical takeaway is simple: Polish crypto businesses are moving from a temporary legal setup into a hard authorization test, with no national framework to bridge the gap before the MiCA deadline.