The president of the National Bank of Poland, Adam Glapiński, stated that the bank will not consider holding Bitcoin reserves due to security concerns. He compared the cryptocurrency unfavorably to gold, which helped increase the bank's reserves by 22% last year. However, Glapiński did acknowledge that there is potential in Bitcoin, even though it is not suitable for the bank's holdings. This cautious approach is typical of central banks, which prioritize stability and financial security. In contrast, the Czech Central Bank recently approved a proposal to study the possibility of investing in Bitcoin, although it has faced some resistance. The European Central Bank, including its president Christine Lagarde, has also criticized Bitcoin's suitability as a reserve asset. However, the fact that central banks are discussing Bitcoin as a potential asset indicates a shift in sentiment. In the US, there is significant interest in creating Bitcoin reserves, with several states considering legislation and President Donald Trump forming a working group to study the possibility.
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