The requirements for obtaining a crypto license in Poland and registration in a specific registry are applicable to Polish companies offering the next services:
- Exchange of virtual currencies for fiat money (cryptocurrency exchangers)
- Exchange of virtual currencies for different virtual currencies
- Providing and keeping the accounts for virtual currencies (cryptocurrency wallets)
- Virtual currency exchanging services (brokerage services)
The register of cryptocurrency companies is guided by the Ministry of Finance of Poland. This register was activated on November 1, 2021. Companies that conduct crypto business in Poland before November 1, have another 6 months to keep their businesses to the new requirements and obtain the license.
All new cryptographic companies in Poland that will be registered after November 1, 2021, must complete a registration in the registry before setting up their activities.