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

Getty Images Stock Trading Suspended by NYSE

The New York Stock Exchange has suspended trading of Getty Images stock as of September 29, 2023, due to the company's ongoing financial issues and significant debt.

user avatarJacob Williams

Getty Images Faces Bankruptcy Risks Amid Rescue Financing Talks

Getty Images is in confidential discussions with lenders for a rescue financing deal, which may lead to bankruptcy and a lender takeover.

user avatarZainab Kamara

Tavus Launches Griffin, a Revolutionary AI for Human Interaction

Tavus introduces Griffin, an AI model that convincingly simulates human conversation during live video calls.

user avatarAyman Ben Youssef

Griffin Outshines Previous AI Models in Live Conversation Tests

Griffin outperforms its predecessor GriffinLite and other AI models in live conversation tests.

user avatarSon Min-ho

Dolphin Token Listed on Upbit with Three Trading Pairs

Dolphin (POD) has been officially listed on Upbit, one of South Korea's leading cryptocurrency exchanges, with three trading pairs: KRW, BTC, and USDT.

user avatarNguyen Van Long

Optimism Releases Opnode Update to Enhance Sequencer Performance

Optimism has launched a new opnode update aimed at improving the performance of sequencers and preventing configuration errors from causing upgrade issues.

user avatarTando Nkube

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.