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Poland's MiCA Veto Creates Regulatory Uncertainty

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Polish President Karol Nawrocki has vetoed a second MiCA implementation bill, citing it as "practically identical" to a previous version. This creates significant uncertainty for domestic crypto companies facing the EU's summer deadline for MiCA compliance. The repeated veto suggests ongoing political disagreements about how to implement the landmark EU regulation.

With the MiCA deadline approaching, Polish crypto firms now face difficult decisions about whether to pursue licensing in other EU jurisdictions or await domestic resolution. This regulatory limbo could disadvantage local companies while potentially benefiting more established crypto hubs within the EU that have clearer implementation pathways.

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