The Polish House of Representatives has once again passed the "Cryptocurrency Market Bill," sending the rejected proposal back to the Senate

According to CoinDesk, the Polish Sejm has once again passed the "Cryptocurrency Market Bill," which was previously vetoed by President Karol Nawrocki, and sent it to the Senate for further consideration.

The bill was approved on Thursday with 241 votes from members of parliament, and its content is identical to the version that was previously vetoed. The bill aims to align Polish law with the EU's "Regulation on Markets in Crypto-Assets" (MiCA), but critics argue that it exceeds EU standards, granting the Polish Financial Supervision Authority (KNF) overly broad enforcement powers, including website blocking and fines in the millions of zlotys. Nawrocki's reasons for vetoing the bill included vague legal provisions, excessive regulation, and high compliance costs, warning that the relevant provisions could harm small businesses and allow for "one-click" domain shutdowns. Despite facing opposition, Prime Minister Donald Tusk's government has not made any amendments to resubmit the bill. After Senate review, the bill may again face a presidential veto.