According to Cointelegraph, the Polish Parliament (Sejm) once again failed to override President Karol Nawrocki's veto of the crypto regulation bill, causing the country to miss the deadline for aligning with the European Union's "Markets in Crypto-Assets" (MiCA) framework. Poland is currently the only EU member state that has not yet implemented MiCA, and the transition period will end on July 1. Due to regulatory uncertainty, several domestic crypto companies, including Kanga and Zonda Crypto, are considering or have already migrated their operations to jurisdictions with clearer regulations, such as Latvia, the Czech Republic, Lithuania, and Malta. The president's office believes the bill poses excessive regulation issues, including granting the Polish Financial Supervision Authority (KNF) broader enforcement powers, which could negatively impact local businesses.

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