Crypto license in Poland

CRYPTO EXCHANGE LICENSE IN POLAND

Polish license for crypto exchange. VASP & CASP autorization in EU

On November 1, 2021, Poland adopted effective and transparent crypto regulation, allowing participants in the virtual asset market to legally provide services for the exchange and storage of cryptocurrencies within the legal framework of the European Union.

• Regulator
  • GIIF or Generalny Inspektor Informacji Finansowej (General Inspector of Financial Information)
• Legal Acts
  • Poland’s Anti-Money Laundering and Terrorism Financing Act
  • European Parliament and Council Directive 2015/849 (4th AML Directive, 4AMLD)
  • European Parliament and Council Directive 2018/843 (5th AML Directive, 5AMLD)
  • European Parliament and Council Directive 2023/1114 (The Markets in Crypto-Assets, MiCA)

Considering that Poland’s regulation of the crypto-asset market is currently one of the most progressive and favorable in Europe, it’s not surprising that over 900 blockchain enterprises have decided to obtain crypto licenses in Poland.

Polish crypto license – your gateway to the European crypto-asset market.

This number signifies that Poland has become a real hub for attraction and development in the field of virtual assets and blockchain. Progressive regulation, high security standards, and access to the single market for digital assets of the European Union make this country an attractive destination for innovative blockchain enterprises striving for the successful development of their projects and long-term sustainability.

PURCHASE A READY-MADE COMPANY WITH A CRYPTO LICENSE

A Ready-Made Solution for Providing Digital-Asset Exchange Services in Poland

Our team offers a unique opportunity to purchase a shelf blockchain company with a pre-obtained crypto license.

Benefits of Buying a Ready-Made Polish Crypto Company

Purchasing a shelf company will allow you to launch your blockchain project in the shortest possible time – you can immediately start developing your crypto startup, significantly minimizing time and administrative costs.

Ready Crypto Company in Poland for VASP and CASP activities

All blockchain companies with a crypto authorization offered for purchase were specifically registered for sale and have not engaged in any business activities. Our crypto companies already have an established legal and organizational structure, which will allow you to avoid bureaucratic procedures for registering a business, obtaining crypto authorization and setting up various business processes.

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Bring your innovative idea to life and become a pioneer in the EU virtual assets services market. Find out the cost and terms of acquiring a ready-made solution for your crypto startup from our specialists right now.

 

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ADVANTAGES OF POLISH CRYPTO REGULATION

Why Choose Poland for Starting Your Crypto Company?

Poland is an attractive destination for registering a crypto company due to its stable economy, membership in the European Union, favorable crypto regulation, and the opportunity to provide services both within the country and in other EU countries.

VASP and CASP in Poland – Keys to Your Success in the Crypto Services Market of the EU

Choosing Poland for establishing a blockchain business can also be influenced by the availability of a virtual asset service provider authorization that is recognized by the international crypto community and allows for legal operations in the virtual asset market.

• Obtain a Crypto License Quickly

  The process of starting a company and applying for a crypto authorization takes up to 1 month, and all procedures can be conducted remotely without physical presence.

• Access to the Single Crypto Market of the European Union

  A crypto license issued in Poland will allow your blockchain startup to provide services in the single blockchain market of the EU, granting you access to numerous clients in different European countries.

• Simple and Transparent Requirements

  Polish crypto regulation is currently one of the simplest, most understandable, and liberal in Europe:

  • Foreign citizens can be 100% owners of the company
  • There are no specific requirements regarding the minimum capital of the blockchain company
  • There is no requirement for a local office – the company can be managed from abroad

Poland offers a reliable and predictable legal framework that ensures security and trust for both entrepreneurs and clients.

Due Diligence and AML/CFT

Poland’s commitment to international standards for combating money laundering and terrorism financing makes it an attractive destination for serious players in the crypto industry aiming for successful and legal operations in Europe and on a global scale.

Reliable and Stable Crypto Hub

Furthermore, Poland actively works on developing its friendly and progressive legislative framework in the field of cryptocurrencies and blockchain, which may contribute to increased investments and industry development in the country. This makes Poland a promising destination for entrepreneurs and innovators in the digital space.

OPPORTUNITIES OF POLISH CRYPTO LICENSE

What Crypto Services Can Be Provided Under a Polish Crypto Authorization?

Polish blockchain regulation allows authorized service providers to offer crypto exchange services and provide access to crypto wallets and related crypto asset payment services.

Activities of VASP/CASP Service Providers

According to the current AML legislation, Polish VASP and CASP service providers have the opportunity to offer the following services to their clients:

Crypto-to-Fiat Exchange

Is the process of exchanging crypto assets such as Bitcoin or Ethereum for conventional national currencies such as dollars, euros, Polish zlotys, or others. This service allows users to convert their digital assets into fiat money that they can use in their daily lives or withdraw to a bank account.

Crypto-to-Crypto Exchange

Is is the process by which investors or users can convert one cryptocurrency into another. For example, they can exchange Bitcoins for Ether or any other combination of crypto-assets according to their investment or trading strategies.

Provision of Custodial Crypto Wallet Service

The custodial digital-asset wallet service involves an organization or company, known as a custodian, providing storage for virtual assets for its clients. This service ensures secure and reliable cryptocurrency storage, which is especially important for institutional investors, funds, and other large clients.

Holders of Polish VASP authorization can also offer crypto payment processing services and issue cryptocurrency debit cards. This creates opportunities for various financial innovations and meets the needs of a wide range of potential clients.

HOW TO OBTAIN A CRYPTO LICENSE IN POLAND?

Key Steps for Obtaining a Polish Crypto Exchange License

Poland offers favorable conditions for the development of crypto companies. Obtaining a crypto authorization in this jurisdiction can be a crucial step towards success in the crypto business and gaining a reputation as a reliable service provider.

Basic Stages for a Successful VASP/CASP Authorization Procedure

However, like in any other country, this process requires careful preparation and the completion of several important steps. In this section, we will discuss four main stages that you need to follow to obtain a Polish crypto related authorization.

Document Collection and Preparation

The first and crucial stage is collecting the necessary documents. This includes preparing a business plan and analyzing business processes. To obtain a VASP authorization, you must also document compliance with anti-money laundering and counter-terrorism financing (AML/CTF) measures and prepare an AML policy.

Registration of a Company

The next step is establishing a company in Poland. You can choose various legal forms for your company depending on your needs, but Sp. z o.o. (Spółka z ograniczoną odpowiedzialnością), a limited liability company, is commonly used.

Applying for a License

After successfully registering your company, you need to submit an application for a crypto license. The regulatory authority will review this application within 14 days. It’s important to prepare thoroughly for this stage to demonstrate compliance with all necessary requirements and standards.

Opening a Bank Account

After obtaining the VASP authorization, you can open a payment account and an account on a major crypto exchange for digital asset operations. It’s crucial to choose a payment service provider that collaborates with blockchain companies and offers appropriate payment services for the high-risk sector.

Obtaining a crypto authorization ensures the legality of your blockchain business, transparency in your operations, and trust from clients and investors. Correctly following all the outlined steps will help your company operate successfully in the growing market of digital-asset services within the European Union.

CONTACT US

Get an Initial Consultation Today!

Our team offers comprehensive support for virtual assets related business registration and obtaining a cryptocurrency exchange license, which will allow your blockchain startup to legally provide services in the field of crypto-assets, operating in the EU legal framework.

Lawyers and Blockchain Consultants with 7+ Years of Experience in Supporting Crypto Projects

Our team has extensive experience in supporting blockchain projects and crypto businesses within the European Union. Since 2017, we have assisted over 300 clients in obtaining blockchain related authorizations and entering the legal landscape of the EU.

Your Trusted Partner in the World of Blockchain and Financial Innovation

We will help you launch your crypto project in the EU in the shortest possible time. For a detailed consultation and a personalized price quote regarding obtaining a crypto license in Poland, please contact our lawyers and consultants.

Crypto license in Poland | FAQ

Below, you will find a list of frequently asked questions regarding obtaining a crypto exchange license in Poland, which our specialists encounter in their work. It is possible that reviewing this material will be relevant for you.