Catenaa, Tuesday, February 11, 2025 – Poland’s central bank has ruled out adding Bitcoin to its national reserves, citing concerns over security and stability, National Bank of Poland (NBP) President Adam Glapiński announced.
Glapiński reaffirmed that the bank prioritizes absolute security in its reserve assets, which remain concentrated in gold, U.S. dollars and euros. The decision aligns with broader European policies, as the European Central Bank (ECB) and other regional institutions have dismissed Bitcoin as too volatile and high-risk.
However, Poland’s crypto stance could shift after the country’s upcoming presidential election in May. Sławomir Mentzen, a candidate for the Confederation party, has pledged to establish a strategic Bitcoin reserve and make Poland a “cryptocurrency haven” if elected. His party currently holds 18 seats in Poland’s 460-seat parliament, with recent polls showing 12% support.
Globally, the rejection of Bitcoin in Europe contrasts with the growing adoption in the U.S. President Donald Trump’s administration has proposed a national cryptocurrency stockpile, and multiple U.S. states, including Maryland, have moved to establish strategic Bitcoin reserves.
Poland’s NBP reported its official reserves reached $225.4 billion in January, a 22.1% increase year-over-year. While Bitcoin remains off the table under current leadership, the upcoming election could mark a policy shift that brings cryptocurrencies into Poland’s financial framework.
