Karol Nawrocki won the second round of the presidential elections in Poland, receiving 50.89% of the votes. His election may open new opportunities for the development of the cryptocurrency market in the country.
This is reported by Business • Media
Nawrocki’s Views on Cryptocurrencies
The new president of Poland, a conservative historian and supporter of pro-market policies, is known for advocating deregulation and innovation in the financial sector. He supports creating favorable conditions for the development of the cryptocurrency industry and reducing regulatory pressure on crypto businesses. Nawrocki is inspired by the political approaches of Donald Trump, who recently signed an executive order to create a strategic Bitcoin reserve in the U.S. Such experience may influence Poland’s policy formation regarding digital assets.
“Poland should become a birthplace of innovation, not regulation,” Nawrocki stated, drawing inspiration from the political style of U.S. President Donald Trump.
Prospects for the Crypto Sector and Taxation
Although Karol Nawrocki does not personally own crypto assets, he actively supports creating conditions for the development of blockchain startups, Web3 projects, and digital financial instruments. His political position has found support among voters with libertarian and nationalist views, particularly supporters of Sławomir Mentzen, who called for the establishment of a national Bitcoin reserve.
The new administration is expected to focus on developing tax incentives for crypto businesses and may initiate the creation of special economic zones for innovative companies. Despite the fact that the President of Poland has limited executive powers, Nawrocki will influence parliamentary discussions and stimulate the development of the digital economy.
At the same time, the National Bank of Poland previously emphasized that it does not plan to include Bitcoin in its reserves. The head of the regulator, Adam Glapiński, explained that reserve assets must be “absolutely safe,” and cryptocurrencies do not meet this criterion.