Poland May Become Crypto-Friendly Under Mentzen's Presidency

user avatar

by Giorgi Kostiuk

2 years ago

Polish presidential candidate Sławomir Mentzen has proposed creating a strategic Bitcoin reserve if he wins the election in 2025.

Mentzen's Initiative

In a statement on November 17, Sławomir Mentzen confirmed that if he becomes President, he will make Poland more crypto-friendly by establishing a Strategic Bitcoin Reserve. 'Poland should create a Strategic Bitcoin Reserve,' he asserted. Mentzen also mentioned that he would promote attractive regulatory conditions, including low taxes and support from banks and regulators.

Global Political Arena and Bitcoin

Sławomir Mentzen follows the example of other politicians, including Donald Trump, who also promised to create a Strategic Bitcoin Reserve during his campaign. Senator Cynthia Lummis has already introduced a bill to establish a strategic Bitcoin reserve in the U.S., currently under consideration in the Senate.

Other Countries and Their Bitcoin Reserves

A number of countries have taken steps to accumulate significant amounts of Bitcoin. In 2021, El Salvador became the first country to legalize Bitcoin as legal tender. The Kingdom of Bhutan has also been quietly mining Bitcoin for several years, amassing substantial digital assets.

Poland may become the next country to include Bitcoin in its strategic reserves, which could have a significant impact on the global crypto market.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

24X and Standard Chartered Enhance Partnership for Institutional Crypto Trading

24X Bermuda expands its partnership with Standard Chartered to facilitate institutional trading of Bitcoin and Ether, enhancing access to cryptocurrency and foreign exchange.

user avatarKaterina Papadopoulou

Strategy's Dual Approach: Bitcoin Acquisition and Preferred Share Repurchase

On November 9, Strategy announced the acquisition of 1,036 additional Bitcoin alongside the repurchase of approximately 188 million STRC preferred shares.

user avatarMaya Lundqvist

Bitcoin Slips Toward $74,000 After Fed Governor Signals December Rate Hike

Bitcoin's value has dropped significantly, approaching the $74,000 level, as Federal Reserve Governor Christopher Waller voiced clear support for raising interest rates at the upcoming December FOMC meeting.

user avatarLeo van der Veen

MARA Reports Significant Bitcoin Sales and Loan Repayment

MARA disclosed significant Bitcoin sales and loan repayment, marking a strategic shift from holding to monetizing reserves.

user avatarLi Weicheng

US Spot Ether ETFs Face Major Withdrawals on November 9

On November 9, US spot Ether ETFs experienced significant net withdrawals totaling $1.846 billion, primarily driven by BlackRock's ETHA, reflecting ongoing investor concerns about market conditions.

user avatarAisha Farooq

Crypto Firms Rally Behind CFTC in Perpetual Futures Legal Battle

Coinbase, Kalshi, and four other companies filed an amicus brief supporting the CFTC's authority to regulate perpetual futures tied to US stocks amid a significant lawsuit.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.