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

Google Launches TPU 8tx and TPU 8i Max AI Systems to Challenge Nvidia

Google has launched TPU 8tx and TPU 8i Max AI systems to enhance privacy and memory capabilities, aiming to compete with Nvidia.

user avatarKofi Adjeman

Nvidia's Stock Plummets Amid Scandal and Google’s AI Chip Launch

Nvidia's stock has dropped significantly following CEO Jensen Huang's admission of an extramarital affair, coinciding with Google's announcement of new AI chips.

user avatarNguyen Van Long

FATF to Review Jurisdictions with Weak Virtual Asset Oversight

The Financial Action Task Force (FATF) will review jurisdictions with longstanding shortcomings in virtual asset regulation to identify necessary actions for the upcoming plenary.

user avatarSatoshi Nakamura

Stellar Development Foundation Makes Strategic Investment in Marketnode

On October 29, the Stellar Development Foundation announced a strategic investment in Marketnode to enhance institutional access to tokenized investment products in the Asia-Pacific region.

user avatarJesper Sørensen

Tokenization Efforts in Wall Street Face Challenges

Tokenization efforts on Wall Street face challenges as major companies opt out, highlighting volatility and illiquidity in the market.

user avatarRajesh Kumar

NYSE Partners with Avalanche for Tokenized Securities Platform

The New York Stock Exchange has partnered with Avalanche to create a tokenized securities platform, aiming for 24/7 trading and settlement, pending regulatory approval.

user avatarLucas Weissmann

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.