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

ShredPay Partners with Jack Henry to Enhance Digital Asset Integration

ShredPay partners with Jack Henry to enable banks and credit unions to access stablecoin and digital asset services.

user avatarLi Weicheng

Strive Increases Bitcoin Holdings to 26,355 BTC

Strive has disclosed a purchase of 1,355 BTC, raising its total Bitcoin holdings to 26,355 BTC.

user avatarAisha Farooq

Broadcom Set to Gain from Alphabet's Custom TPU Sales

Broadcom is set to benefit from Alphabet's decision to sell custom TPUs to external data centers, enhancing its AI semiconductor revenue through a long-term agreement until 2031.

user avatarBayarjavkhlan Ganbaatar

Alphabet Enters Hardware Market with Custom TPUs for Data Centers

Alphabet announces the sale of its custom-made Tensor Processing Units (TPUs) to external data centers, marking a significant move into hardware sales.

user avatarTenzin Dorje

CoinsBee and TRON DAO Launch Discount Campaign for USDT Payments

CoinsBee, in collaboration with TRON DAO, is launching a campaign that offers eligible users a 2% discount on purchases made with USDT on TRON.

user avatarMohamed Farouk

USDT on TRON Surpasses Bitcoin as Most Used Payment Method on CoinsBee

USDT TRC20 on the TRON network has become the most used on-chain token and payment option on CoinsBee, surpassing Bitcoin and Ethereum in payment activity.

user avatarElias Mukuru

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.