PANews April 18 news, according to Cointelegraph, the Polish parliament has again failed to overturn President Karol Nawrocki's veto of the cryptocurrency regulation bill, continuing the political deadlock in the country regarding digital asset regulation.

In the latest vote, lawmakers did not reach the required threshold of 263 votes to overturn the veto, obtaining only 243 votes against the veto and 191 votes in support. The bill was pushed by Prime Minister Donald Tusk and aims to align Poland with the European Union's Market in Crypto-Assets Regulation Framework (MiCA). Currently, Poland remains one of the few member states that has not yet implemented this framework.

On the presidential side, the opposition is based on reasons such as excessive regulation, lack of transparency, and the potential burden it may impose on small and medium-sized enterprises. Finance Minister Andrzej Domański warned that the lack of regulation could turn the market into a "paradise for scammers," increasing risks for investors.

Additionally, Poland's largest cryptocurrency exchange Zonda is also embroiled in controversy. The government has accused it of having links to illegal funds, while the company's CEO Przemysław Kral has denied these claims and stated that legal action will be taken to protect its rights. This vote marks the second time since last December that the president's veto has not been overturned, leaving the prospects for the bill still uncertain.

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