Gate News message, April 18 — Polish lawmakers failed on Friday to overturn President Karol Nawrocki’s veto on a government-proposed cryptocurrency regulation bill. The Sejm voted 243 to 191, falling short of the 263 votes required to override the presidential block. The legislation aims to transpose the EU’s Markets in Crypto Assets (MiCA) framework into Polish law, but the president has twice rejected it, citing overregulation and excessive burden on small businesses.
Prime Minister Donald Tusk escalated the political conflict by accusing the president of acting under Russian influence. Tusk claimed that a major Polish crypto exchange is funded by Russian money linked to organized crime and intelligence services, and that it has sponsored events backing opposition figures, including the presidential campaign. According to Poland’s security agency ABW, the exchange’s CEO made large donations to opposition-linked foundations. The CEO acknowledged this week that he lacks access to a crypto wallet holding over $330 million in Bitcoin since his predecessor’s disappearance in 2022. The exchange has recently faced reports of liquidity issues affecting withdrawals and payments.
Poland remains the only EU member state yet to comply with the MiCA framework, with a July deadline. Finance Minister Andrzej Domański stated that the lack of regulation creates an “El Dorado for fraudsters” and leaves consumers and entrepreneurs without protection. Interior Minister Marcin Kierwiński vowed the government will continue pushing for crypto market regulation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
White House Mediates Clarity Act Stablecoin Dispute, Witt Reveals Legislative Timeline
Patrick Witt announced at the Solana Policy Institute summit that the White House mediated a stablecoin dispute to advance the Clarity Act. The compromise allows banks and crypto firms to together address regulatory concerns, with future focus on crypto taxation and blockchain integration strategies among financial institutions.
GateNews8h ago
Hong Kong SFC Investment Committee Warns Prediction Market Trading May Constitute Illegal Gambling
The Hong Kong SFC warns that prediction markets are speculative and not investment products, lacking regulatory protection. They involve gambling elements, potentially making them illegal. The committee urges the public to differentiate between investment and gambling.
GateNews10h ago
Economist Proposes National USD Stablecoin to Eliminate Currency Controls in Venezuela
Alejandro Grisanti, head of Ecoanalitica, proposed issuing a national USD stablecoin as part of a series of measures to lift currency controls in Venezuela. This system would complement the current auction system, allowing the excluded sector to receive dollars via blockchain rails.
Key
Coinpedia12h ago
Elizabeth Warren Accuses SEC Chair Paul Atkins of Misleading Congress Over Enforcement Decline
Senator Elizabeth Warren accused SEC Chair Paul Atkins of misleading Congress about enforcement actions' decline. With only 456 new cases in 2025, concerns arise regarding the SEC's effectiveness and the regulatory landscape for cryptocurrency and market oversight.
GateNews13h ago
CLARITY Act Delay Continues as Senator Thom Tillis Signals Ongoing Talks
Lawmakers are delaying the CLARITY Act due to ongoing negotiations on stablecoin provisions, with timing uncertain and potential markup pushed to late April or early May. Kevin Warsh’s financial disclosures add complexity to regulatory discussions.
CryptoFrontNews16h ago
Democratic Senators Question Lax AML Oversight of Major CEX Over $1.7B Iran-Linked Crypto Flows
Democratic senators are scrutinizing the Trump administration's oversight of a cryptocurrency exchange linked to $1.7 billion in Iranian transactions, questioning its AML controls and a lenient bank settlement on sanctions evasion.
GateNews18h ago
