Cryptographic license in Poland

Cryptographic license in Poland

Information technology has long been an integral part of business, but now we are witnessing processes of deep digital transformation through the emergence of new technological solutions that are closely integrated with each other and with business processes. According to the new legislation, cryptocurrency entrepreneurship is a licensed activity https://www.fintecharbor.com/c....rypto-license-in-pol

At the same time, such companies must pay all necessary taxes, including corporate tax and contributions to the pension fund for employees. To get a license for cryptocurrency in Poland, you need to meet several conditions. First, the most important rule is the absence of criminal record, which must be confirmed by a certificate in the form of the Ministry of Justice of Poland.

Secondly, persons involved in virtual currencies and representatives of Polish cryptocurrency companies must have knowledge in this field. This requires training or a course on how to interact with virtual money and at least one year of work in the cryptocurrency industry. All this must be confirmed by official documents.

Poland can be referred to as one of the countries where cryptocurrency activities are regulated by law. Today, cryptocurrency is legal in a number of countries. Exchanges have long been legal. The popularization of decentralized payment systems and cryptocurrencies has led to a huge increase in the value of assets. Their price is formed by the demand on the markets.