Poland hits pause on MiCA.

By Maxime Laurent · 2026-02-17 13:50

Poland hits pause on MiCA.

The president vetoes stricter crypto rules, saying innovation must be protected.

Another political chess move in Europe.

Karol Nawrocki has once again vetoed the national bill meant to implement MiCA rules in Poland. And he didn’t mince words: he won’t sign a “wrong law,” even if parliament pushes it through again.

His message?
Poland should attract innovation — not scare it away.

That’s a strong statement in a continent where regulation is tightening fast.

MiCA, at the EU level, aims to create clarity and structure for crypto markets. In theory, that’s good: legal certainty, investor protection, standardized frameworks. But the way each country implements it matters.

Too heavy-handed — and you suffocate startups.
Too loose — and you invite chaos.

Nawrocki argues that the proposed version threatens civil freedoms, property rights, and even state stability. That’s not a technical critique. That’s philosophical.

And I find that interesting.

Because Europe is at a crossroads right now:
Do we regulate crypto into a safe, predictable financial layer?
Or do we over-regulate it into irrelevance?

From where I sit, watching Brussels, Paris, Warsaw… the competition isn’t just between protocols like $BTC and $ETH.

It’s between jurisdictions.

Capital, founders, liquidity — they move. Fast.

If Poland positions itself as a more innovation-friendly gateway inside the EU, that could create a real magnetic effect. But if this turns into political theater without clear alternative frameworks, uncertainty could hurt just as much as strict rules.

Crypto doesn’t fear regulation.
It fears incoherence.

And right now, Europe is still figuring out its tone.

On est en plein test politique. 🔥

#Crypto #MiCA #Poland #Bitcoin #Ethereum #Regulation
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Disclaimer: This content is for informational purposes only and not financial advice.