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Poland upholds crypto bill veto as Zondacrypto scandal widens

9/5/2026

Polish lawmakers failed to override a presidential veto on crypto legislation, leaving the country's regulatory framework in limbo at the same moment the Zondacrypto investigation is expanding and the exchange's Estonian operator has filed for bankruptcy.

The case for the legislation had been straightforward: Poland needed a statutory framework for digital-asset activity. What's changed is the context around the failure.

Parliament could not muster the votes to overturn the veto, and the Zondacrypto situation makes the resulting regulatory gap harder to set aside.

An exchange that operated in the absence of the framework the vetoed bill would have created is now the subject of a widening investigation. Its Estonian operator is in bankruptcy.

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