Poland Stalls MiCA Licensing as President Blocks Key Crypto Regulation

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Poland has become the only European Union country where crypto firms cannot obtain a MiCA license, due to a political standoff at the presidential level. President Karol Nawrocki has refused to sign legislation that would grant the national financial regulator authority to approve crypto companies. Without this law, Poland's regulator lacks the legal power to issue licenses under the EU's Markets in Crypto-Assets framework. As a result, crypto entrepreneurs based in Poland are being forced to seek regulatory approval in other EU member states. The impasse is pushing tech founders to look beyond their home country simply to gain permission to operate legally within the bloc.

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