Poland’s central bank, the National Bank of Poland (NBP), has firmly rejected the idea of adopting Bitcoin as a reserve asset. NBP President Adam Glapiński emphasized that reserve assets must be “safe, stable, and permanent,” qualities he believes Bitcoin lacks. This decision places Poland in stark contrast to countries like the United States, Germany, and the Czech Republic, which are actively exploring the possibility of adding Bitcoin to their national reserves.
Glapiński’s stance reflects a cautious approach to cryptocurrency, highlighting concerns over Bitcoin’s volatility and perceived lack of stability. The NBP’s position underscores the ongoing debate among global financial institutions about the role of digital assets in national reserves. While some countries view Bitcoin as a potential hedge against inflation and a diversification tool, others remain skeptical of its long-term viability and security.
However, Poland’s cryptocurrency policy may not remain static for long. The upcoming 2025 election could bring significant changes, especially with pro-crypto candidate Sławomir Mentzen in the race. Mentzen’s potential influence could shift Poland’s stance on Bitcoin and other digital assets, aligning the country more closely with its pro-crypto counterparts.
As the global financial landscape continues to evolve, the debate over Bitcoin’s role in national reserves is likely to intensify. For now, Poland remains firmly on the sidelines, but the 2025 election could mark a turning point in the country’s approach to cryptocurrency.
