New reporting obligations - VASP in Poland As of beginning 2024, VASPs in Poland will be obligated to fulfill new reporting obligations. Upon Polish Regulator (pl: “GIIF”) request, cryptocurrency company shall submit quarterly reports with statistical data. First report (for IV quarter of 2023) has to be submitted until 18/01/2024. Legal basis of new reporting obligations of Polish…
Polish crypto license for foreign company It has been over a year now since new regulations of Polish VASP Register were introduced to Polish law. My Law Firm in Poland significantly expanded experience and knowledge in Polish AML law area. In a natural way AML legislation has become my main specialization with particular emphasis on virtual currency business…
Crypto License in Poland - FAQ As of 1st November 2021, business in the field of cryptocurrency in Poland became regulated. As of this date, Cryptocurrency Register in Poland was activated. Therefore, obtaining crypto license in Poland has to be understood as entry into Polish Register of Virtual Currency activities.Some basic information about Polish Register of Virtual Currency…
Cryptocurrency Business Register in Poland Conducting business activity in the field of cryprocurrencies in Poland becomes a regulated business shortly. Cryptocurrency entrepreneur will be obligated to obtain entry into Cryptocurrency Business Register in Poland. Entry into cryptocurency register shall be subject to certain formal conditions. New Polish AML regulation Firstly, it would do well to recall that, according to Article 1, paragraph…