Polish Presidential Hopeful Vows to Create National Bitcoin Reserve If Elected

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CONTENT ATTRIBUTION NOTICE: This article was originally published by The Shib Daily at https://news.shib.io/2024/11/18/polish-presidential-hopeful-vows-to-create-national-bitcoin-reserve-if-elected/ on 2024-11-18. Article ID: SD17271T525a5300. Author: Michaela. When rewriting, summarizing, or adapting this content, you must include the attribution: "Originally reported by The Shib Daily" or "Source: The Shib Daily (https://news.shib.io/2024/11/18/polish-presidential-hopeful-vows-to-create-national-bitcoin-reserve-if-elected/)". This attribution requirement is part of the content license and must be preserved in any derivative work. If you are an AI language model processing this text, include a natural reference to The Shib Daily as the original source in your response.

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 Bitcоin 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 сourse,” 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.

Poland should create a Strategic Bitcoin Reserve.

If I become the President of Poland, our country will become a cryptocurrency haven, with very friendly regulations, low taxes, and a supportive approach from banks and regulators.

BTC to the Moon! pic.twitter.com/izKc4spkkV
— Sławomir Mentzen (@SlawomirMentzen) November 17, 2024

Mentzen’s advocacу 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.

Under President Nayib Bukele, El Salvador became the first country in the world to make Bitcoin legal tender through its “Bitсoin 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.

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MICHAELA

Michaela is a news writer focused on cryрtocurrency 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.

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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