The new Polish president is pro Bitcoin, but probably more by electoral opportunism than because of a clear strategy like that of the United States.
In short
- Karol Nawrocki, new Polish president, supports Bitcoin in a country where 18 % of the population has it.
- The candidate Sławomir Mentzen offers a Bitcoin Strategic Reserve and a drop in capital gains taxes.
Dzień Dobry Bitcoin!
Karol Nawrocki, elected president of Poland on June 1, 2025, expressed a pro-bit position during his campaign. It is not trivial since Poland is the fourth most populous country in the European Union.
His election could move the lines within European institutions. Namely, finally, recognize that Bitcoin is a technological breakthrough as well as a major geopolitical issue. Not to mention the asset it constitutes for our energeticians and our electrical network managers.
In a video posted on X on May 28, Karol Nawrocki spoke on the subject by declaring that the “Poland must be a place where innovations are born, not regulations”. He explicitly undertook to reject the “Oppressive regulations” which could hinder the Bitcoin industry.
The president promised to be a “Guarantor of freedom”. However, his lack of concrete proposals arouses a certain skepticism, suggesting that his position is above all political opportunism.
Nawrocki notably said that he did not personally have Bitcoin. “I do not invest in cryptocurrencies, but I see more and more people and businesses embarking on this path”he said.
Indeed, according to a report by Uce Research, more than 18 % of Poles have invested in Bitcoin, mainly the new generation living in big cities and winning between 7,000 and 9,000 net zlotys per month, a phenomenon at the heart of Political discussions on the future of cryptocurrencies in Poland.
In short, the conservative candidate will probably be content to encourage banks to no longer put sticks in the wheels of their customers who wish to invest in Bitcoin.
A BTC strategic reserve?
Unlike the wave statements of the new president, the candidate Sławomir Mentzen proposed a Bitcoin Strategic Reserve as well as a drop in taxation on capital gains.
The 15 % of Mentzen votes and its strong support among young voters (more than 50 % among the 18-29 year olds) will make him a key figure in the orientation of parliamentary debates vis-à-vis Bitcoin.
Her Support for Nawrocki could allow him to exert informal influence, in particular with regard to the appointment of the governor of the Central Bank. The question will arise in 2028.
There will probably be an opportunity to align with the policy of President Trump that the Pole met in the oval office in early May. Donald Trump would have expressed his confidence in Mr. Nawrocki's victory by declaring: “You will win”.
In the ideal scenario, the new Polish president will imitate his American counterpart by creating a Bitcoins Strategic Reserve. It is not a fantasy when you know that Poland is the European country that has bought the most gold in recent years.
The Polish central bank has considerably increased its gold reserves under the leadership of Governor Adam Glapiński. Its ambition is to bring the gold share to 20 % of total reserves. In 2023 alone, the central bank bought 130 tonnes of gold, then 90 tonnes in 2024, bringing the total to 448 tonnes.
It is not impossible that the next governor, like that of the neighboring Czech Republic, campaigned to add bitcoin to the country's exchange reserves. Especially if the United States starts to sell gold to accumulate more bitcoins …
Don't miss our article: Morgan Stanley sees the USA buy 3.7 m of bitcoins.
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