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Hello everyone! I recently learned that a CASP license is now required to work with cryptocurrencies in Poland. I am interested in how much it costs to obtain one, what hidden costs there are, and whether it is worth contacting consultants right away. Maybe someone has already gone through this process and can share the details.
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Interesting. So, the main expense is preparing documents and complying with requirements. It seems that without the help of consultants, the risks are higher than the possible cost savings.
Hello! The cost of a license depends on the type of business and MiCA requirements. The process itself is quite bureaucratic, so I recommend working with professionals, for example, through Fintech Harbor Consulting https://www.fintecharbor.com/crypto-license-in-poland/ . They will help prepare all the documents, set up internal policies, and comply with AML/KYC standards. Without them, you can spend more time and money, and mistakes can lead to a refusal. In general, the costs pay off because the license opens legal access to clients and financial partners in the EU.