Lawmakers passed the bill in May against a backdrop of local market instability, triggered by the collapse of Poland's largest cryptocurrency exchange. While the administration views the legislation as a necessary step toward sector oversight, Nawrocki maintains that the current draft fails to incorporate specific improvements proposed by his office. The President emphasized that while he remains in favor of consumer protections and market formalization, he refuses to sign off on a framework he deems ineffective. The standoff suggests that unless the government agrees to incorporate his requested amendments, the legislative impasse will continue to delay Poland's compliance with broader EU mandates.