Poland’s Central Bank Rejects Bitcoin for Reserves, Citing Stability Concerns
- Poland’s National Bank (NBP) rules out Bitcoin in national reserves, citing security and stability.
- NBP’s decision aligns with Europe’s broader rejection of cryptocurrencies as reserve assets.
- The May 2025 election could shift Poland’s stance, with a pro-crypto candidate advocating for Bitcoin reserves.
Poland’s National Bank (NBP) has ruled out adding Bitcoin (BTC) to its national reserves, preferring financial security and stability over cryptocurrency investments.
During a press conference yesterday, NBP President and Chairman of the Monetary Policy Committee Adam Glapiński reaffirmed this stance, stating, “We will not consider Bitcoin because reserve must be absolutely secure.”
Poland’s Conservative Approach: Gold and Traditional Assets
Meanwhile, Poland’s central bank continues focusing on traditional assets such as gold, U.S. dollars, and euros, avoiding the volatility of cryptocurrencies. The move aligns with the broader European stance, where central banks remain cautious about digital assets in their reserves.
Bitcoin’s price volatility and unpredictability are key reasons behind NBP’s rejection. While some nations expl…
The post Poland’s Central Bank Rejects Bitcoin for Reserves, Citing Stability Concerns appeared first on Coin Edition.
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Poland’s Central Bank Rejects Bitcoin for Reserves, Citing Stability Concerns
- Poland’s National Bank (NBP) rules out Bitcoin in national reserves, citing security and stability.
- NBP’s decision aligns with Europe’s broader rejection of cryptocurrencies as reserve assets.
- The May 2025 election could shift Poland’s stance, with a pro-crypto candidate advocating for Bitcoin reserves.
Poland’s National Bank (NBP) has ruled out adding Bitcoin (BTC) to its national reserves, preferring financial security and stability over cryptocurrency investments.
During a press conference yesterday, NBP President and Chairman of the Monetary Policy Committee Adam Glapiński reaffirmed this stance, stating, “We will not consider Bitcoin because reserve must be absolutely secure.”
Poland’s Conservative Approach: Gold and Traditional Assets
Meanwhile, Poland’s central bank continues focusing on traditional assets such as gold, U.S. dollars, and euros, avoiding the volatility of cryptocurrencies. The move aligns with the broader European stance, where central banks remain cautious about digital assets in their reserves.
Bitcoin’s price volatility and unpredictability are key reasons behind NBP’s rejection. While some nations expl…
The post Poland’s Central Bank Rejects Bitcoin for Reserves, Citing Stability Concerns appeared first on Coin Edition.
Read More
Altcoins Keep Losing Ground to Bitcoin as QT Squeezes Market Liquidity