Polish President Karol Nawrocki has vetoed the proposed "Crypto Asset Markets Act" for a second time, according to reports on February 14. The bill sought to align Polish law with the EU's "Crypto Asset Markets Regulation Act" but faced criticism for imposing stricter regulations on local crypto firms than EU standards. Key issues included granting the Polish Financial Supervisory Authority (KNF) extensive powers to suspend or prohibit crypto asset trading and imposing severe penalties for non-compliance, including fines up to 10 million złoty ($2.8 million).