Also in Poland, the candidate for the Presidency Sławomir Mentzen has promised to undertake a strategic reserve of Bitcoin in case of election. While his celebration is, nevertheless, in the minority, Mentzen has revealed his intention to make the nation extra crypto-friendly.
Bitcoin: the Presidential candidate in Poland helps BTC and the crypto
Sławomir Mentzen, candidate for the Presidency in Poland, has revealed that he’s in favor of Bitcoin and crypto. Not solely that, there may be the promise to create a strategic reserve of Bitcoin in case of successful the elections.
“Poland should create a strategic reserve of Bitcoin. If I become President of Poland, our country will become a paradise for cryptocurrencies, with very friendly regulations, low taxes, and a favorable approach from banks and regulatory authorities. BTC to-the-moon!”
The presidential elections in Poland shall be held in May 2025. Mentzen has gained vital reputation in Poland, particularly amongst libertarian and right-wing voters, however his celebration seems to be a minority.
In any case, Mentzen explicitly said his intention to make Poland extra crypto-friendly by adopting rules favorable to the improvement of the business. Not solely that, in 2022 Mentzen revealed that he invested all his funds in Bitcoin in 2013.
Bitcoin: the candidate for the Presidency in Poland is in favor of crypto
Apparently, evidently being a candidate for the Presidency in favor of the improvement of the crypto business is beginning to grow to be a “trend.”
And so, even in Poland, the candidate Mentzen follows the instance of what has simply occurred in the USA, with Donald Trump’s victory in the 2024 presidential elections.
In a earlier submit on X, the CEO of the crypto exchange Swap.ly, Lech Wilczynski, shared the open supply coverage mannequin “Strategic Bitcoin Reserve”, created by the crypto advocacy group Satoshi Action Fund.
In this regard, to Wilczynski’s query, Mentzen replied that he would “naturally” comply with this very plan if elected.
“The strategic reserve account in bitcoin is available for use. There is no need to wait. Instead of approving a senseless law on crypto assets, this should be the first, before it’s too late. Will President @SlawomirMentzen push for the creation of a strategic reserve in Poland?”
“Naturally!”
The reserves in Bitcoin and the promises in favor of crypto
Speaking of Bitcoin reserve and nations, El Salvador and the Kingdom of Bhutan at present emerge.
In truth, in this crypto rally, El Salvador introduced final Monday that the nation is in revenue by over 525 million {dollars}, exactly thanks to the worth surge of BTC. At the time of writing, with BTC at the worth of 91,000$, the Salvadoran authorities’s bitcoin pockets is price over 544 million {dollars}.
Still on the subject of Bitcoin reserves, the Kingdom of Bhutan, the “king” nation of Bitcoin mining additionally stands out. In truth, final September, Arkham had revealed that Bhutan holds 13,011 BTC, equal to 780.49 million {dollars}.
As we have been saying, nevertheless, the present “trend” appears to be exactly that of being in favor of the crypto sector, past the Bitcoin reserve. And certainly, Mentzen’s transfer in Poland follows one thing already achieved by different politicians in different nations.
For instance, past the Trump case in the USA, additionally in Japan, the candidate Yuichiro Tamaki of the DPP had promised a crypto tax minimize in case of successful the elections. Not solely that, Tamaki promised help for the business to additionally promote NFT and Web3 at the fiscal stage.
