The post Poland Presses Nawrocki to Sign Vetoed Crypto Bill appeared on BitcoinEthereumNews.com. Poland’s government has renewed pressure on President Karol NawrockiThe post Poland Presses Nawrocki to Sign Vetoed Crypto Bill appeared on BitcoinEthereumNews.com. Poland’s government has renewed pressure on President Karol Nawrocki

Poland Presses Nawrocki to Sign Vetoed Crypto Bill

2025/12/13 21:00

Poland’s government has renewed pressure on President Karol Nawrocki to sign a long-delayed cryptoassets bill, despite his recent veto and a failed attempt by lawmakers to overturn it. The move has reopened a political standoff over how quickly the country should align its crypto rules with European Union standards.

The cabinet reapproved the bill and urged the president to give his signature, arguing that further delays could leave Poland out of step with EU regulations and weaken oversight of the fast-growing digital asset sector. The appeal came days after parliament failed to secure enough votes to override the veto.

The renewed push drew attention because the resubmitted bill did not include material changes, even though the president had already rejected the same text earlier this month.

Veto Blocks Crypto Law Despite Parliamentary Vote

President Nawrocki vetoed the cryptoassets bill earlier in December, citing concerns about its scope and potential impact on market participants. His decision immediately halted the law, which had passed through parliament but required presidential approval to take effect.

Lawmakers in the Sejm later attempted to override the veto. However, they fell short of the required supermajority, leaving the bill blocked under Poland’s constitutional process. As a result, the legislation could not advance, despite support from the ruling coalition.

The veto created an unusual situation in which the government’s legislative agenda stalled, even though the bill had already cleared most parliamentary hurdles. That impasse set the stage for the cabinet’s decision to reapprove the same draft.

Government Cites EU Rules and Security Risks

After the failed override vote, the government approved the bill again and publicly urged the president to reconsider. Officials said the legislation is necessary to implement the EU’s Markets in Crypto Assets framework, known as MiCA, which sets common rules for crypto firms across the bloc.

Government representatives argued that without the law, Poland risks falling behind other EU states that are already moving to enforce MiCA standards. They also said the absence of clear domestic rules could weaken supervision and enforcement in the crypto sector.

In public statements, the government linked the issue to broader security concerns. It warned that regulatory gaps could expose the financial system to abuse and illicit activity, adding urgency to its call for the president’s approval.

The president has not indicated whether he will change his position. Until he signs the bill or a revised version clears parliament, Poland’s crypto framework remains in limbo.

Source: https://coinpaper.com/13088/polish-government-presses-president-to-sign-crypto-bill-after-veto

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44