The National Bank of Poland (NBP) has publicly stated it will not hold Bitcoin in its reserves, as emphasized by the bank's president, Adam Glapiński. During a press conference, Glapiński outlined that Bitcoin cannot meet the criteria necessary for inclusion in the nation's reserves, unlike traditional assets such as gold. He acknowledged the potential gains and losses associated with Bitcoin, reiterating a preference for more stable and certain investments. The cautious stance is reflective of the conservative nature of central banks, which prioritize stability and hold a monopoly on state-backed money issuance. Recent discussions included a study about Bitcoin investments by the Czech Central Bank, yet its governor hinted at skepticism towards adopting Bitcoin as a reserve asset. Glapiński's remarks come amidst ongoing debates in other regions about adopting Bitcoin, particularly as some U.S. states consider similar options. However, the prevailing sentiment among European central banks remains hesitant, primarily due to Bitcoin's volatile nature and regulatory concerns.

Source 🔗