What is the crypto exchange license in Poland?

What is the crypto exchange license in Poland?

In order to conduct this type of business, it is required, among other things, to obtain an entry in the Register of Activities in the field of Virtual Currencies kept by the Minister of Finance (Pol. Minister Finansów), on behalf of whom these functions are performed by the Director of the Tax Administration Chamber in Katowice (Pol. Dyrektor Izby Administracji Skarbowej w Katowicach). The entry in the register is commonly referred to as the "Crypto Curency Exchange License" or "Crypto Curency Exchange and E-wallet License". The scope of the license covers following activities: exchange of cryptocurrencies into other cryptocurrencies, exchange of cryptocurrencies into FIAT, intermediation in exchange, maintaining cryptocurrency wallets.

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