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Polish lawmakers failed to override President Nawrocki's veto on a significant crypto bill, hindering Prime Minister Tusk's efforts to align with EU MiCA regulations. This setback keeps Poland as the only EU country not adopting the framework while the local crypto market continues to grow.
The European Central Bank expresses concerns that Donald Trump's support for cryptocurrencies may lead to financial contagion, threatening the European economy. The ECB fears that current regulations under the Markets in Crypto Assets (MiCA) may not be sufficient to mitigate risks associated with U.S. dollar-backed stablecoins, which could destabilize the Eurozone.