Poland Blocks Cryptocurrency Law Again: Consequences for Companies and Investors

Legal uncertainty surrounding crypto market regulation continues in Poland. On February 12, 2026, the country's president again vetoed the cryptoasset market bill, which would have adapted the provisions of the EU-wide regulation, MiCA (Markets in Crypto-Assets), to the national legal system. This decision marked the second rejection, following a similar move in December 2025.

The government attempted to re-approve the bill, but the document was passed virtually unchanged. As a result, the president again pointed to the lack of significant revisions and rejected the initiative, emphasizing that previous concerns had been ignored. This situation demonstrates the existing disagreement between the executive branch and the head of state on matters of crypto industry regulation.

Why the veto matters

Although MiCA applies directly within the EU, national implementation mechanisms remain critically important. Specifically, this concerns the licensing of crypto-asset service providers (CASPs) and the supervisory functions of regulatory authorities. In Poland, such a system is still not fully operational, creating a legal vacuum for market participants.

The lack of a clear licensing procedure complicates crypto businesses, limits investment inflows, and increases regulatory risks. Companies are forced to either postpone entering the Polish market or seek alternative jurisdictions with a more transparent legal framework.

In the long term, a repeated veto could slow Poland's integration into the pan-European crypto economy. However, it also opens up room for legislative revisions that take into account business interests and security requirements.

At this stage, it is important for market participants to closely monitor changes and evaluate available strategies for working within the MiCA framework, including cross-border solutions and choosing the optimal licensing jurisdiction.

In such circumstances, specialized consultants play a particularly important role. IT-OFFSHORE provides expert support on licensing, structuring crypto businesses, and adapting to MiCA requirements. Consulting with our specialists allows you to minimize risks, accelerate market entry, and select the most effective legal framework for operating in the EU.