Crypto-currencies have taken a strong place in the modern world, attracting more and more investors to get involved in crypto-activities. Poland is quite forward-looking towards crypto and is doing its best to open its market to expand the scope of the blockchain. In jurisdiction, there’s separate regulations for crypto-currencies, which guarantees officiality of services offered by firms and helps clients to trust the suppliers.
Our company has vast expertise in the crypto sphere. Our specialists are aware of the nuances of regulation of crypto exchange Poland and in other jurisdictions, and are ready to put their knowledge into practice to help you successfully license your crypto business. We provide comprehensive advice on any related issues, in particular, on the issuance and use of crypto-currency debit cards, getting permission for crypto-transactions, and so on.
To be eligible to be involved in crypto-activities and officially provide this kind of service, businessmen need to fully meet the normative points below.
If we talk about regulatory standards and rules relating to commercial structures directly, it is worth noting presence of next-mentioned.
Our experts will help you at every stage of the establishment of the company and getting cryptocurrency license in Poland. We will take care of all the most difficult aspects of this process, in particular, opening a bank account, preparing proper and correct documentation and recruiting personnel. Turning to us, you will forget about all the difficulties and challenges haunting you at the beginning of your commercial journey.
In this jurisdiction, interested capital holders are offered four available types of crypto-permissions.
Poland is quite progressive in its attitude towards any crypto asset. The authorities and the regulatory body of the jurisdiction are doing their best to convey to the public the prospects and huge potential of crypto. This becomes an attractive factor for entrepreneurs who are just developing in this direction setting up Poland crypto exchange, or who have already passed a long commercial path.
In accordance with local laws, entrepreneurship in crypto-field is fully-controlled activity and can be carried out after being entered in register of firms working with virtual money. Requirements for mandatory registration apply to crypto-companies providing next-mentioned services:
Thus, local government is trying to prevent use of crypto-currencies as a means of payment to financially support any illegal activity and increase protection of users of virtual means. That’s why special register was created. Any individual or organization that provides crypto-currency services, but is not entered in the registry, has to pay a fine.
For getting cryptocurrency exchange license Poland to run crypto-activities, it is necessary to prepare and submit next-mentioned list of documents.
Our experts give you comprehensive professional support in preparation and execution of documentation. We’ll help you do it correctly and as soon as possible in order to facilitate the speedy launch of your commercial structure and its integration into the local market.
Process for cryptolicensing in jurisdiction is as follows. It is worth noting that in each case the process lasts an individual amount of time. In addition, compared to several EU countries allowing crypto-businesses and giving crypto-companies a green light, Poland sets most loyal procedure for getting permission.
Since crypto-companies are subject to business regulations, they need to pay all taxes. After the official hiring of employees, the employer is obliged to make the following payments: for social insurance, as well as for the Pension Fund.
Poland can be attributed to number of countries where crypto-currency deals are regulated at the legislative level. Obtaining a crypto permit in a jurisdiction is a process that requires the attention of specialists, which are our experts. The cost of obtaining a permit is calculated individually in each case, as it depends on many factors, in particular, the service provided by the firm, the initial budget and the desired profit.
We will help you optimize costs as much as possible by calculating your costs. At the same time, we will not hide certain nuances from you, since our principle of work is honesty and transparency in relations with clients in order to achieve effective results.
A cryptocurrency exchange is an official regulated space through which you can exchange cryptocurrencies between each other. In addition, it is possible to exchange cryptocurrencies for fiat on crypto exchanges. In order to be able to operate as a crypto exchange, you need to obtain cryptocurrency license in Poland from the local regulator.
Cryptocurrencies in this jurisdiction are regulated by the Polish Financial Supervision Authority (KNF). The regulator controls and strictly monitors the activities of all business structures that work with crypto funds. In addition, crypto firms must get cryptocurrency exchange license Poland and comply with the points set out in the generally accepted European Directives drawn up regarding the prevention of illicit circulation of funds and terrorist operations.
In Poland it is allowed to carry out trading operations with cryptocurrencies. Some of the banking institutions that are most crypto-friendly and popular among investors are Bank Millennium and PKO Bank Polski. Businesses may operate crypto-means only possessing Poland crypto exchange license.
Crypto assets in Poland can be used to make payments, as well as to pay for goods and services. They are allowed to be exchanged for fiat and among themselves, and stored in banking institutions in the form of deposits. Crypto-activities are permitted only for firms with cryptocurrency license in Poland.
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