Poland’s government reintroduced a cryptocurrency bill vetoed last week by President Karol Nawrocki, with Prime Minister Donald Tusk urging him to sign the legislation 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 Law, would align Poland’s regulatory framework with the European Union’s Cryptoasset Markets (MiCA) regime, which establishes a single regulation for the supervision of cryptocurrencies across the bloc. The government resubmitted the legislation without changes.
“Our official registry of companies operating in the cryptocurrency market includes more than 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 guarantee the security of the State and its citizens in this matter.”
Cryptocurrencies are increasingly being used as instruments of hostile activity, underscoring the need for stricter oversight, Tusk said. “Unfortunately, cryptocurrencies often serve as a tool of sabotage, even by enemies of the Polish state, making basic control even more necessary and essential.”
Nawrocki vetoed the legislation last week, arguing that it would impose overly strict regulations on the cryptocurrency market. In a statement on its website on December 1, it said the legislation “represents a real threat to the freedom of Poles, their property and the stability of the state.”
UPDATE (December 12, 14:29 UTC): Change the verb in the title to Pressure Impulses.
