Poland’s central bank has ruled out adding Bitcoin (CRYPTO: BTC) to its reserves, with Governor Adam Glapiński stating that the National Bank of Poland (NBP) will not consider holding the cryptocurrency “under any circumstances.”
What Happened: His comments come as other countries, including the Czech Republic and the United States, explore the possibility of incorporating Bitcoin into their financial systems, Decrypt reported.
During a press briefing, Glapiński emphasized that assets held by the central bank must meet strict security standards, a criterion he claims Bitcoin fails to fulfill.
He pointed to gold as a preferred asset, highlighting its role in increasing Poland’s reserve value by 22% last year.
“You can buy a lot and gain a lot, as well as lose a lot,” Glapiński stated. “However, we prefer something certain.”
While acknowledging Bitcoin’s growing presence in financial markets, he rejected the idea of treating it as a stable component of the …
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