Karol Nawrocki, a conservative historian, has emerged victorious in the Polish presidential election, receiving 50.89% of the votes in a closely contested runoff against liberal contender Rafał Trzaskowski. The results were announced on Monday by the National Electoral Commission.
Congratulations Poland!!!
pic.twitter.com/hjN9VLhLA4
— Tommy Robinson (@TRobinsonNewEra) June 2, 2025
Nawrocki’s victory positions him to significantly influence Poland’s policy landscape, particularly in the realm of cryptocurrencies, which has garnered increasing attention in recent years.
Expressing his vision for Poland, Nawrocki has aligned himself with U.S. conservatives, drawing inspiration from prominent figures like Donald Trump. He has articulated his desire for Poland to be recognized as a “birthplace of innovation rather than regulation” when it comes to the cryptocurrency sector.
This perspective has sparked conversations within global financial communities, leading to speculation regarding the feasibility of Poland establishing a state-backed Bitcoin treasury, akin to discussions occurring in other major economies.
Rekindled Debate on Bitcoin Treasury Under Nawrocki
While Nawrocki has publicly stated that he does not personally hold cryptocurrency, his policies are skewed toward fostering a deregulated, growth-oriented environment for the crypto industry.
His position has energized support from Poland’s libertarian and nationalist factions, particularly among advocates for Sławomir Mentzen, a pro-Bitcoin candidate who campaigned for a “Strategic Bitcoin Reserve.”
Sławomir Mentzen, a Polish presidential hopeful, has promised to create a strategic Bitcoin reserve in Poland, if elected.
#BitcoinReserve #SławomirMentzenhttps://t.co/QAkWR59Hdr
— Finance Newso.com (@Finance Newso) November 18, 2024
Although Nawrocki’s executive authority is somewhat limited compared to the prime minister, his connections with conservative parties may have a bearing on parliamentary discussions, especially in instances where regulatory measures could hinder cryptocurrency growth.
Market analysts are now keenly observing whether Poland will replicate the actions of the U.S. under Trump, who instituted a Strategic Bitcoin Reserve using forfeited crypto assets through an executive order in March 2025.
This strategic move reshaped the global dialogue surrounding cryptocurrency, prompting various countries, including Brazil, to consider similar legislative actions.
However, Poland’s central bank had previously ruled out the inclusion of Bitcoin in its national reserves back in February.
Poland’s central bank rejects Bitcoin as a reserve asset, citing security concerns and volatility. As elections near, will policies shift? #Cryptocurrency #Blockchainhttps://t.co/L57Ng7mUAL
— Finance Newso.com (@Finance Newso) February 7, 2025
NBP President Adam Glapiński voiced that reserve assets must ensure “absolute security,” a criterion that Bitcoin does not fulfill. Consequently, Poland will continue to maintain its reserves in traditional assets like gold, U.S. dollars, and euros, prioritizing financial stability over cryptocurrency risk.
If the nation does move towards establishing a national Bitcoin reserve, it would join a growing cadre of states experimenting with cryptocurrency as a hedge against inflation or a method for reserve diversification.
Although Nawrocki has not confirmed any plans related to a Bitcoin reserve, the intersection of political momentum, ideological support, and global examples suggests that it remains a viable possibility.
In the immediate term, it is anticipated that Nawrocki’s administration will advocate for crypto startups and blockchain innovation, potentially offering tax incentives or regulatory leniency for firms involved in Web3.
His election could also encourage local governments or legislative groups to consider the municipal-level adoption of digital assets or collaboration with blockchain enterprises.
Europe’s Diverging Paths: Strategic Dynamics and Precedents
As European nations like Germany and France approach digital assets with caution, Poland may veer in the opposite direction, following the example of countries such as El Salvador or Switzerland, which have adopted independent regulatory pathways.
While cryptocurrency ownership in Poland is relatively low compared to global trends, interest is steadily climbing, especially among younger demographics and the technology sector.
Should Nawrocki’s leadership create a favorable environment, Poland could position itself as a premier destination for cryptocurrency in Central Europe.
At this juncture, industry stakeholders are awaiting Nawrocki’s cabinet selections, initial policy frameworks, and possible alliances, particularly with figures like Mentzen.
Regardless of whether Poland embraces a national Bitcoin initiative or focuses on broader support for the crypto ecosystem, the outcome of the 2025 election has placed the nation firmly on the radar of global digital asset observers.
The post Poland Elects Pro-Crypto President Nawrocki – Will He Follow Trump’s Lead with a Bitcoin Treasury? appeared first on Finance Newso.