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Polish presidential candidate Slawomir Mentzen promises to make Poland a “crypto-nation”

In his speech, Mentzen promised to simplify cryptocurrency regulations and reduce capital gains taxes.

Date: 2024-11-18 Author: Marek Stiller
Polish presidential candidate Slawomir Mentzen promises to make Poland a “crypto-nation”

Slawomir Mentzen, a Polish right-wing politician and presidential candidate, has promised to create a Bitcoin strategic reserve if elected. In a post on X, he stressed that Poland will become a “cryptocurrency paradise” if he becomes president.

“If I become president of Poland, our country will become a cryptocurrency paradise, with very friendly regulations, low taxes and a supportive approach from banks and regulators.”

https://twitter.com/SlawomirMentzen/status/1858276016822603970?ref_src=twsrc^tfw|twcamp^tweetembed|twterm^1858276016822603970|twgr^e59b09d5c171c2f04476f3fe9369be271af4d110|twcon^s1_&ref_url=https://cryptonews.com/news/slawomir-mentzen-promises-to-make-poland-crypto-haven/
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Mentzen’s call for the creation of a Bitcoin reserve and his promise to introduce a cryptocurrency-friendly atmosphere in Poland reflect US President Donald Trump’ s support for the asset class and his recent victory in the US elections.

Following Trump’s victory, the value of a single Bitcoin rose to more than $90,000 amid uncertainty surrounding Trump’s timetable for implementing his pro-crypto pledge.

Slawomir Mentzen put the Bitcoin reserve at the top of the list. One user posted a post on X, asking if Mentzen wants to create a strategic reserve in Poland instead of passing a cryptocurrency law.

Mentzen replied: “Of course,” and later added in a separate post that Poland is ready to create a BTC reserve. Poland’s presidential elections are expected to be held in May 2025.

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Slawomir Mentzen has no intention of selling Bitcoin resources

According to Statista, in 2017, less than one million Poles owned Bitcoins. However, this year 7 million of the population owns the asset, and the number is projected to rise to 8 million in 2028.

Slawomir Mentzen, a Polish politician and entrepreneur, has held the world’s largest cryptocurrency, Bitcoin, since 2013. In a recent interview with the Kanga exchange, Mentzen stressed that he has no plans to sell Bitcoin despite the record highs. He reportedly holds 33.7 Bitcoin worth more than $3 million.

“It’s hard to judge exactly when something is expensive and when it’s cheap,” he said. “The trick is to refrain from selling for many years.” Slawomir Mentzen also noted that the funds raised will not significantly affect his life, so he does not hesitate to continue his long-term strategy of owning BTC.

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Marek Stiller
Marek Stiller
Founder of the "Cryptocurrency for Beginners" channel on YouTube. He collaborates with Łukasz to form the Arena Trading group, while at the same time being passionate about blockchain technology. His knowledge and experience in the cryptocurrency industry help beginner investors better understand this dynamic market.
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