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Presidential candidate of Poland, Slawomir Mentzen, promised to transform the country into a cryptocurrency paradise if elected. Mentzen announced plans to establish a Bitcoin reserve with low taxes and supportive regulations. This strategic move aims to strengthen the country's position in the global economy. Poland Will Build Its Future with BitcoinOne of Poland's presidential candidates, Slawomir Mentzen, announced that he would take concrete steps for the country to become a significant player in the cryptocurrency world. In a statement made via the social media platform X (formerly known as Twitter), Mentzen promised to create a Bitcoin reserve for the country if elected. Receiving strong support from libertarian and right-wing circles, Mentzen aims to turn Poland into a "cryptocurrency paradise" with low tax rates, a supportive banking system, and regulatory institutions. This promise of transformation has resonated particularly within the cryptocurrency community. Mentzen, who positively approached the "Strategic Bitcoin Reserve" policy proposal of the Satoshi Action Fund brought to the agenda by Lech Wilczynski, CEO of Swap.ly, stated that he would implement this model. Wilczynski emphasized the urgent need for the Bitcoin reserve law, pointing out the inadequacy of the current cryptocurrency asset regulations in the country. This promise made ahead of the presidential elections in Poland scheduled for May 2025 parallels global examples. The Bitcoin reserve bill presented by Senator Cynthia Lummis in the U.S. in July as part of the fight against national debt, El Salvador's use of Bitcoin as an official payment method since 2021, and Bhutan's quietly ongoing Bitcoin mining activities serve as examples of similar initiatives.
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