Share this article
Poland to Explore Blockchain Tech in Government Digitization Effort
Poland's Ministry of Digital Affairs is taking steps that may find it promoting digital currencies and blockchain technology.
Updated Sep 11, 2021, 12:20 p.m. Published Jun 23, 2016, 2:05 p.m.
Make us preferred on Google
Poland's Ministry of Digital Affairs is taking steps that may find it promoting digital currencies and blockchain technology.
The agency announced an expansive digitization plan last week that comes amid a broader drive among European regulators to understand the emerging tech. Called “From paper to digital Poland", the effort will seek to promote digital public services, the development of cashless solutions and the implementation of electronic identification (eID).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Notably, one of the areas of focus will be "blockchain and cryptocurrencies", a program that aim to "find regulatory, legal and economic solutions" that will make it possible for digital currency projects to compete in the European nation.
Potential rules, while in their early stages, will aim to keep users safe and give the regulators the right to oversee such projects.
The project, while similar to others internationally, still represents a significant change in tone for the Polish government on the emerging technology.
Since the declaration from a representative of Poland's Ministry of Finance that bitcoin "is not illegal" in December 2013, the government has remained relatively silent on matters relating to cryptocurrencies and their underlying blockchain tech.
However, in February, Poland's Ministry of Digital Affairs issued a strategic document where it included bitcoin and blockchain alongside the Internet of Things as accelerating technologies that could foster country’s development.
The announcement was followed by the intensive dialogue between the Ministry of Digital Affairs and Poland’s bitcoin and blockchain tech industry. The first working meeting found Minister Anna Streżyńska and other public officials opening a dialogue with representatives of the Polish Bitcoin Association, digital currency firms, academics and lawyers last month.
A second meeting is now scheduled for July.
Krakow image via Shutterstock
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Meta and Microsoft continue going big on AI Spending. Here's how bitcoin miners could benefit
In its fourth quarter earnings report, Meta said capital spending plans for 2026 should be in the range of $115-$135 billion, well ahead of consensus forecasts.
알아야 할 것:
- Fourth-quarter earnings results from Microsoft (MSFT) and Meta (META) suggested no slowdown in AI-related spending.
- Microsoft highlighted that AI is now one of its largest businesses and pointed to long-term growth.
- Meta projected sharply higher capital spending in 2026 to fund its Meta Super Intelligence Labs and core business.
Top Stories
