A new study commissioned by the National Bank of Poland has revealed clear figures about the interest of adults in the country in cryptocurrency assets. The results show that digital assets are increasingly reaching a wider audience in Poland, but they are still not turning into a mass investment tool.
Size of crypto investments in Poland
NBP (National Bank of Poland) worked with research company Ipsos to determine exactly how many people own cryptocurrencies in the country. According to the survey, 6.4 percent of the adult population in Poland—about 2.5 million people—own cryptocurrencies. According to the survey, this rate varies between 5 and 8.1 percent; This indicates that the real number may be between approximately 1.9 and 3 million people.
The results of the survey conducted with a thousand people were widely covered in the country’s leading media organs. Puls Biznesu and Super Biznes stated that the figures obtained paint a more cautious picture compared to other surveys that exaggerate the interest in crypto in the market.
While survey data revealed that cryptocurrency investments were increasing in the country, it was stated that it was still not the main investment choice of the masses.
While NBP’s study was based on assessments that the general outlook was exaggerated, a different study found much higher rates. According to the report titled “Cryptocurrency Adoption in Europe 2026” by fintech company ARI10 and USE Research, 10 million people in Poland, that is, more than 35 percent of adults, hold digital money.
This research was conducted with more than 11 thousand people in 11 countries, including Germany, France, the United Kingdom and Norway. However, the Polish National Bank underlines that its own data should be considered more conservative.
Mini dictionary: ARI10 operates as a fintech company licensed in the European Union countries, offering digital asset payments and crypto wallet/investment solutions. USE Research is known as a Netherlands-based analysis organization that conducts financial technologies and market research.
Which cryptocurrencies are preferred?
Polish investors mostly hold high-volume and popular digital currencies in their portfolios. Bitcoin attracts attention as the entry point for crypto investments across the country. While 3.5 percent of survey participants hold Bitcoin, 2.2 percent hold Ethereum. The rate of those investing in other altcoins was announced at 3.1 percent.
Assets such as Tether’s USDT and Circle’s USDC and EURC, which are stablecoins, have reached a smaller segment; In the study, the rate of those who had such money was stated as 0.9 percent.
Profile of crypto investors
The authors of the study state that the profile of cryptocurrency holders in Poland is generally similar to that in other EU countries. While men appear to be more willing to acquire digital currency compared to women, young adults in particular are more willing to purchase crypto than older age groups.
Bitcoin.pl, one of Poland’s leading crypto news portals, draws attention to another point about how accurate the figures in the surveys actually are. The news reminds that only 20 thousand Poles will report their cryptocurrency assets in their tax returns in 2023. It is emphasized that this number is considerably lower than the millions expressed in the surveys.
| Research/Source | Crypto Ownership Rate | Estimated Number of People |
|---|---|---|
| National Bank of Poland (NBP) | 6.4% | 2.5 million |
| ARI10 & USE Research | 35%+ | 10 million |
| Tax Returns (2023) | – | 20 thousand |
Market and regulatory developments
These data were shared in the shadow of the uncertainties created by a major cryptocurrency exchange whose license was recently suspended in the country and the Crypto Asset Markets regulation (MiCA) that will come into force by the European Union.
Polish regulators are working on a new crypto law to harmonize the legal infrastructure. During this period, the fluctuations in the markets and the collapse of major players increased the importance of research to understand the level of investor interest.
