Poland MiCA EU +012 Apr 2026 08:28
Any serious Polish VASP (or crypto platform operator) that is genuinely committed to securing a full MiCA CASP licence has already understood the reality, you cannot realistically wait for Poland. The only pragmatic path is to apply in a jurisdiction where the MiCA regime is already live and functioning Lithuania, Estonia, France, Malta, or any other EU state with MiCA and then passport the licence into Poland.
Yet here we are with GSTechnologies (via Bake and Finferno), publicly committing to applying in Poland while the entire domestic licensing pathway remains firmly closed.
The President, it seems, is not for turning.
1. To pass a new bill for the first time (like the current "EU+0" proposal)
* A simple majority is enough in the Sejm.
* In practice, this means at least 231 votes (more than half of 460) when at least half the deputies are present.
* This is what the "EU+0" draft needs right now — it's a fresh proposal, not yet passed.
2. To override a presidential veto (what happened with the previous two government drafts)
* This requires a three-fifths (3/5) majority of the Sejm.
* With 460 seats, 3/5 = 276 votes (exactly 60%).
* The vote must also have at least half the deputies present (at least 230).
* Recent examples (including attempts on the earlier MiCA bills and other vetoed laws in 2025–2026) show the ruling coalition often gets around 240–250 votes but falls short of the 276 needed, so the veto stands.
That's why the previous MiCA bills were vetoed twice (December 2025 and February 2026) and couldn't be forced through — the government doesn't have the supermajority on its own and struggles to get enough cross-party support.
Where the "EU+0" proposal stands
The "EU+0" (minimalist) draft was submitted to the Sejm in early March 2026 and is currently in the initial discussion/public consultation phase. It still needs to go through:
* Committee work and amendments,
* First, second, and third readings,
* A vote in the Sejm (simple majority → 231+ votes),
* Then the Senate,
* And finally to the President (who could veto it again, requiring the 276-vote override to bypass).
Because of the deep political divide between the Tusk government and President Nawrocki, even a more crypto-friendly bill like EU+0 faces a tough path. Experts in March–April 2026 described the chance of any new MiCA act being fully passed and in force before the 30 June 2026 deadline as very low or negligible.
Bottom line for GST / Bake / Finferno
Even if the EU+0 proposal somehow sails through the Sejm with a simple majority relatively quickly (unlikely but possible in a best-case scenario), the full process (including Senate + presidential signature or override) plus setting up the KNF licensing system would still push meaningful licensing availability well into late 2026 or 2027 at the earliest.
What a mess.
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