Poland’s government reintroduced a cryptocurrency bill that President Karol Nawrocki vetoed last week, and Prime Minister Donald Tusk urged him to sign the law to mitigate what officials say are national security threats linked to Russia and other former Soviet states, Rzeczpospolita reported.
The bill, formally known as the Cryptoasset Market Act, will align Poland’s regulatory framework with the EU’s Markets in Crypto-Assets (MiCA), which establishes a single rulebook for crypto oversight across the bloc. The government resubmitted the legislation without changes.
“Our official registry of companies operating in the cryptocurrency market includes over 100 entities directly linked to Russia, Belarus and the countries of the former Soviet Union,” Tusk said, according to the report. “This is a wake-up call, we must ensure the safety of the state and its citizens in this matter.”
Cryptocurrencies are increasingly being used as instruments of hostile activity, underscoring the need for tighter monitoring, Tusk said. “Unfortunately, cryptocurrencies often serve as a tool for sabotage, including by enemies of the Polish state, so basic controls are all the more necessary and essential.”
Nawrocki vetoed the legislation last week, arguing that it would impose overly strict regulations on the crypto market. In a statement on his website on December 1, he said the legislation “poses a real threat to the freedom of Poles, their property and the stability of the state.”
UPDATE (December 12, 14:29 UTC): Changes verb in heading to Urges from pres.
