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1 week ago

Poland’s President Blocks New Crypto Law

A proposed crypto law in Poland was halted early on. The president deemed it a threat to economic freedom.

Crypto

Crypto Laddin

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Poland’s President Blocks New Crypto Law
Poland’s President Blocks New Crypto Law

Polish President Karol Nawrocki blocked the Crypto-Asset Market Act, arguing it would grant the state excessive control over the crypto sector and stifle innovation. Concerns arose that the law would enable authorities to shut down crypto platforms with minimal oversight. Nawrocki highlighted that such regulations could drive local startups abroad and compromise Poland's competitive edge in the digital assets space. Conversely, supporters of the law expressed worry that the veto would expose consumers to scams and speculation.