Polish Parliament Blocks MiCA Implementation: Crypto Regulation Debate Intensifies

Source: CoinEdition Original Title: Polish Government Torn Apart on How to Implement MiCA Crypto Rules Original Link: https://coinedition.com/polish-government-torn-apart-on-how-to-implement-mica-crypto-rules/

Clash on Crypto Market Regulation

The Polish lawmakers have largely agreed to support President Karol Nawrocki on crypto market regulations. On Friday, a motion to reject President Karol’s veto won by 243 members against the 192. Interestingly, the opposing side was led by Polish Prime Minister Donald Tusk.

According to the 243 Polish lawmakers, the President was right to keep on hold the implementation of new crypto regulations. The President refused to ascend the bill into law due to concerns about the EU’s Markets in Crypto (MiCA) rules.

“To stand on this podium and say, ‘Either you vote for the Russian mafia or you vote for my bill’ is to give a false choice and you know it perfectly well,” the chief of the president’s chancellery Zbigniew Bogucki stated.

According to the argument of the lawmakers supporting President Karol, the EU’s Markets in Crypto (MiCA) rules present regulatory challenges. However, Prime Minister Tusk addressed the lawmakers in a closed session, before presenting national security issues on the floor of the house.

“There’s no doubt that this market is highly susceptible to exploitation by foreign services, intelligence agencies, and mafias. The challenge is for the state to provide the tools to ensure it’s not helpless,” Tusk told parliament.

Why is the Polish Government Hesitant to Implement MiCA Crypto Rules?

Ahead of the 2027 general elections, the Polish lawmakers are keen to help attract more global investment through the crypto industry and potentially sway more voters. Moreover, global institutional investors have been moving funds to jurisdictions with clear and supportive crypto regulations led by the United States, India, and the United Arab Emirates.

Bigger Market Picture

The crypto market adoption in Europe has gained significant traction in 2025. Several central banks in the European Union have been eyeing Bitcoin and the wider crypto industry as an alternative emerging legal market with global prestige status.

The momentum was kick-started by the Czech National Bank, in November 2025, after it announced an investment portfolio, then valued at $1 million, with the majority stake consisting of Bitcoin. As such, the Polish government is keen to allow more people freedom to invest in Bitcoin and the wider crypto market.

Moreover, the crypto industry is projected to grow exponentially, led by Bitcoin overtaking gold in the near future. The rising demand for the crypto asset from global institutional investors and now central banks is projected to catalyze a parabolic crypto rally in 2026 and beyond.