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Poland: presidential candidate promises a strategic Bitcoin reserve

Newsroom by Newsroom
November 20, 2024
in Bitcoin
Polonia: candidato presidenziale promette una riserva strategica in Bitcoin
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Sławomir Mentzen, a candidate in the upcoming presidential elections, is betting on Bitcoin for the country’s economic future.

On November 17, Polish presidential candidate Sławomir Mentzen announced his commitment to creating a national Bitcoin reserve if he wins the May 2025 elections.

The statement, released on X, comes in response to a proposal from Swap.ly CEO Lech Wilczynski, who shared the “Strategic Bitcoin Reserve” policy model created by the Satoshi Action Fund group.

Mentzen stated:

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, who enjoys strong popularity, especially among libertarian voters, seems to aim at positioning Poland at the forefront of the digital asset industry.

The proposal follows a growing trend of institutional interest in Bitcoin. Last July, in the United States, Senator Cynthia Lummis introduced a bill to establish a strategic reserve, with the goal of acquiring one million bitcoins over five years to hold for at least two decades.

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