Crypto license in Poland - EwaQw/EwaQwa GitHub Wiki

In the modern world, cryptocurrencies are becoming more popular and in demand. This is due to their decentralized nature, potential for high returns, and growing acceptance as an alternative medium of exchange. In this regard, the regulation of cryptocurrency activity is becoming an important aspect to ensure the protection of investors and the prevention of financial crimes. Poland, as a member of the European Union, is actively working to create a regulatory framework for regulating crypto assets.

Obtaining a crypto license in Poland is a prerequisite for the legitimate conduct of activities related to cryptocurrencies. The crypto license in Poland allows companies to provide services for exchanging cryptocurrencies, storing crypto assets, as well as other activities related to virtual currencies. The process of obtaining a crypto license in Poland is regulated by Polish law, in particular, the Law on Combating Money Laundering and Terrorist Financing (AML/CFT).

The process of obtaining a crypto license in Poland includes several stages. First, you need to register a company in Poland and have a legal address. Secondly, it is necessary to develop and implement internal procedures for countering money laundering and terrorist financing (AML/CFT). These procedures must comply with the requirements of Polish law and include customer identification, transaction monitoring, and reporting suspicious transactions. Thirdly, it is necessary to apply for a crypto license to the appropriate authority, usually the Polish Ministry of Finance. The application must contain detailed information about the company, its activities, ownership structure and applicable AML/CFT measures.

Requirements for Applicants for a Crypto license

Polish legislation sets certain requirements for applicants to obtain a crypto license. These include:

  • The presence of a registered company in Poland;

  • Having a legal address in Poland;

  • Availability of qualified personnel with knowledge and experience in the field of cryptocurrencies and AML/CFT;

  • Development and implementation of internal AML/CFT procedures that comply with the requirements of Polish legislation;

  • Availability of sufficient capital to support the company's activities;

  • The absence of criminal records among the managers and owners of the company.

Obtaining a crypto license in Poland gives companies a number of advantages. Firstly, it allows you to legally carry out activities related to cryptocurrencies on the territory of Poland. Secondly, it increases the trust of customers and partners in the company. Thirdly, it opens up access to the Polish cryptocurrency market, which has significant growth potential. Fourth, it allows the company to interact with banks and other financial institutions in Poland.

Private Financial Services company provides professional services for obtaining a crypto license in Poland. We provide a full range of services, starting from consultations on the regulation of cryptocurrency activities in Poland and ending with the preparation of necessary documents and support for the process of obtaining a license. Our specialists have in-depth knowledge and experience in the field of cryptocurrencies and AML/CFT, which allows us to provide high-quality services to our clients.

Our services include:

  • Consultations on the regulation of cryptocurrency activities in Poland;

  • Analysis of the compliance of the company's activities with the requirements of Polish legislation;

  • Development and implementation of internal AML/CFT procedures;

  • Preparation of a package of documents for applying for a crypto license;

  • Support of the process of obtaining a license;

  • Representing the client's interests in government agencies.

We will help you obtain a crypto license in Poland quickly and efficiently. Contact us today to learn more about our services.