XTB, a Polish online brokerage firm, has announced that its plans to expand cryptocurrency trading in Poland are being hindered by a regulatory deadlock. The firm cited the country's failure to align with the EU's Crypto Asset Market Regulation (MiCA) as a significant barrier. Polish President Karol Nawrocki has vetoed the necessary legislation twice, leaving XTB's expansion plans in limbo. Financial regulators have warned that local institutions must secure licenses from other EU countries by July 1st to continue offering cryptocurrency services. In response, XTB is considering applying for a license in Cyprus, though it acknowledges this move could weaken its customer acquisition and marketing efforts in Poland.