Poland upholds crypto bill veto as Zondacrypto scandal widens

Polish lawmakers failed to overturn a presidential veto of crypto legislation as the Zondacrypto investigation expands and its Estonian operator enters bankruptcy.

Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market.

The Sejm, Poland’s lower house of parliament, on Friday voted 241-198 in favor of overriding the veto, with three abstentions, falling 25 votes short of the 266 needed.

The vote was yet another attempt to advance Poland’s crypto market rules after President Karol Nawrocki vetoed crypto legislation three times, arguing that the proposed rules would overregulate the industry.

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