Maciej Świrski published an extensive commentary on social media regarding the bill regulating the crypto asset market. As he emphasised, in his view the legal act posed a serious threat to the development of modern technologies in Poland, and the presidential veto was “necessary to safeguard citizens’ freedoms, innovation, and the sovereignty of the state”.
A vote was held in the Sejm on whether to override the presidential veto of the cryptocurrency bill. We learned on Monday that President Karol Nawrocki would not sign it.
Justifying the veto, Nawrocki stated that the bill “poses a real threat to the freedoms of Poles, their property, and the stability of the state”. It was also pointed out that it provided for the possibility of “the government shutting down the websites of companies operating on the cryptocurrency market with a single click”.
“The provisions on domain blocking are nontransparent and may lead to abuse,” the Chancellery of the President of the Republic (KPRP) reported.
Maciej Świrski addressed the matter on social media, where in his published analysis he presented a range of arguments indicating excessive regulatory interference. He notes that the bill combined two EU acts into one expanded package, which in his view would lead to overregulation of the market. According to the author of the report, the new provisions could hinder the development of Polish startups and Web3 technologies, which today constitute one of the pillars of the global digital economy.
Świrski also argues that the draft shifted key legal definitions and interpretations outside the country, weakening – as he contends – domestic regulatory sovereignty. In his view, the primary beneficiaries of this would be foreign entities, including economic centres in Germany. His criticism also includes the indicated risk of limiting civil liberties and reducing Poland to the role of a technological back office.
“This was not a bill on crypto assets. It was an attempt to make Poland unable to compete in the economy of the 21st century” – Świrski wrote.
He attached the full report in PDF format to his post:
SYSTEMIC ANALYSIS OF THE CRYPTO ASSET MARKET BILL USING THE SCIM-GOV METHOD AND ITS IMPACT ON STATE SOVEREIGNTY, INNOVATION, AND SECURITY
A diagnosis of the mechanisms that make the crypto asset market bill a regulation that limits state sovereignty, blocks innovation, and increases systemic vulnerability
AUTHOR OF THE ANALYSIS: Maciej Świrski
NATURE OF THE DOCUMENT: An expert analysis prepared as part of the author's independent research.
DISCLAIMER:
THE DOCUMENT DOES NOT REPRESENT THE POSITION OR OPINION OF THE National Broadcasting Council (Krajowa Rada Radiofonii i Telewizji, KRRiT). THE CONTENTS OF THE REPORT REFLECT ONLY THE AUTHOR'S VIEWS AND CONCLUSIONS, PREPARED FOR ANALYTICAL AND RESEARCH PURPOSES.
WARSAW, 5 December 2025
I. STRATEGIC SUMMARY
The crypto asset market bill was presented as an implementation of the European MiCA and TFR regulations, but the SCIM-GOV analysis shows that in practice it is an act of overregulation that radically exceeds EU requirements and strikes at the very core of Poland’s digital innovation.
Instead of creating safe development frameworks for the crypto asset market, the bill: