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2024-11-06 14:42:24

DJP | Doktór Jerszyński Pietras on Nostr: 🚨 Does MiCA Apply to Your Business? 🚨 🔒 Question 3: Do you provide services ...

🚨 Does MiCA Apply to Your Business? 🚨

🔒 Question 3: Do you provide services that involve exchanging Bitcoin for currency?

This includes any business that buys or sells Bitcoin for fiat currency, using its own funds in the process.

⚠️ Common businesses involved in Bitcoin-for-fiat exchanges include Bitcoin ATM operators, currency exchange offices, and brokers.

🚫 Important note: Exchanges between Bitcoin and altcoins (😨) also trigger compliance obligations.

#BitcoinDesk #MiCA #djp #BitcoinLegalAlert
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