Crypto license in Poland
The main advantage of crypto license in Poland
Running a regulated crypto business in Poland and obtaining a crypto license in Poland is easier than in any other jurisdiction, but it is worth remembering that full compliance with all legal regulations and acts is required. The government’s policy makes it safe to say that Poland will continue to develop and support the direction of blockchain and crypto-business.
Types of Crypto License and Registration in Poland
- cryptocurrency exchange operator - is a company or branch of another company that exchanges the cryptocurrency belonging to clients for commission fee.
- cryptocurrency wallet operator - is a company or branch of another company that manages wallets for cryptocurrency customers.
The activities of cryptocurrency exchange operators and wallet operators for cryptocurrency storage should be separated from licensed traditional financial activities (payment institutions, electronic money institutions, etc.). However, licensed financial institutions can service fiat payments to cryptocurrency companies and their clients, creating an effective fiat payment mechanism associated with cryptocurrency.