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18/11/24
10
Poland’s Presidential Hopeful Advocates for Strategic Bitcoin Reserve
Poland’s presidential candidate Sławomir Mentzen has expressed a strong commitment to establishing a Bitcoin reserve if elected in the upcoming 2025 elections. The proposal aligns with similar cryptocurrency initiatives seen in other countries. Mentzen’s vision includes transforming Poland into a crypto-friendly nation with favorable regulations, low taxes, and supportive financial institutions, emphasizing his belief that this approach could lead to widespread adoption of Bitcoin.
Mentzen’s remarks came following a public inquiry about the feasibility of a Bitcoin reserve for Poland. He indicated that he supports the establishment of a “Strategic Bitcoin Reserve,” a concept promoted by a crypto advocacy group. The model policy hints at a proactive approach to cryptocurrency regulation, urging immediate action rather than delaying legislative measures that may not effectively address the evolving landscape of digital assets.
Interest in cryptocurrency policies has surged among political figures globally, with a notable precedent set by former US President Donald Trump. During his campaign, he endorsed the idea of creating a “Strategic Bitcoin Stockpile.” Additionally, Senator Cynthia Lummis proposed a legislative plan to build a Bitcoin strategic reserve in the United States, aiming to accumulate one million Bitcoin over five years as a means to mitigate national debt concerns.
Globally, several nations have taken authoritative steps toward Bitcoin integration. El Salvador made history by adopting Bitcoin as legal tender in 2021 and has continued to enhance its holdings. Meanwhile, Bhutan has been quietly mining Bitcoin, reportedly accumulating around $780 million in digital assets. These developments reflect a growing trend among governments to embrace cryptocurrency as a viable financial tool.
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