[Poland Vetoes Strict 'Markets in Crypto-Assets Act'] BlockBeats News, December 2, according to Cointelegraph, Polish President Karol Nawrocki vetoed the strict 'Markets in Crypto-Assets Act,' drawing praise from the cryptocurrency community and strong criticism from the government. The Polish Presidential Office stated that the provisions of the bill 'pose a real threat to the freedom, property, and national stability of Polish citizens.' The main reasons for the veto include: the clause allowing authorities to easily block cryptocurrency websites poses a risk of abuse; the bill is overly complex, leading to excessive regulation; and the high regulatory costs could hinder the development of startups, favoring foreign companies and banks. The Polish President stated that excessive regulation would drive businesses to relocate to the Czech Republic, Lithuania, or Malta, rather than operating and paying taxes in Poland.