Polish Presidential Hopeful Vows to Create National Bitcoin Reserve If Elected

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Sławomir Mentzen, a Polish presidential candidate, vows to make Poland a “Crypto Haven.” 

Polish right-wing libertarian politician and presidential candidate Mentzen promised to create a strategic Bitcoin reserve if elected president in 2025. 

In a recent post, Lech Wilczyński, CEO of crypto exchange Swap.ly, asked Polish politician Sławomir Mentzen whether he would consider establishing a strategic reserve of Bitcoin in Poland.

“Of course,” Mentzen replied. He later reiterated his stance in a separate post, advocating for the creation of a Bitcoin reserve in the country.

“Very friendly regulations, low taxes, and a supportive approach from banks and regulators,” Mentzen wrote in a post on X. 

Related: Excluding Bitcoin Now Poses Greater Portfolio Risk Than Volatility: VanEck

Mentzen’s advocacy for a crypto-friendly Poland and the establishment of Bitcoin reserves mirrors the support expressed by U.S. President-elect Donald Trump for digital currencies. 

Mirroring Bitcoin Presidents

During his campaign, Donald Trump made several crypto-related promises, including the creation of a “Strategic Bitcoin Stockpile.” Additionally, he pledged to replace SEC Chair Gary Gensler. Gensler’s potential departure was fueled by a recent speech wherein he reflected on his two-year tenure as the head of the SEC.  

Following Trump’s election victory, Bitcoin’s value surged past $90K, despite uncertainties about his timeline for fulfilling his pro-crypto promises.

Meanwhile, other nations, including El Salvador and Bhutan, have made moves to accumulate significant Bitcoin reserves. 

Related: Trump Housing Ban, Auto Tax Cuts Signal New Sovereign Economy

Under President Nayib Bukele, El Salvador became the first country in the world to make Bitcoin legal tender through its “Bitcoin law”. The nation’s Bitcoin holdings, totaling approximately 6,154 coins, have doubled their value, reaching $510.1 million.

Arkham Intelligence revealed in September that Bhutan held about $780 million in assets, as a result of mining operations that began in 2019. 

Read More

• Strategic Bitcoin Reserve Proposal Gains Traction Under Trump
• Senator Lummis Proposes Bitcoin Reserve to Secure Dollar’s Status as Global Currency
• US to Establish Strategic Bitcoin Reserve, Senator Confirms

MICHAELA

Michaela is a news writer focused on cryptocurrency and blockchain topics. She prioritizes rigorous research and accuracy to uncover interesting angles and ensure engaging reporting. A lifelong book lover, she applies her passion for reading to deeply explore the constantly evolving crypto world.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is the official publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

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