🚨 Will MiCA Apply to Your Business? 🚨
🔒 Question 2: Do you operate a platform for trading Bitcoin?
Operating a trading platform means creating a space where clients can buy and sell Bitcoin and swap their fiat currency for Bitcoin or other cryptocurrencies directly with one another.
⚠️ The regulation will apply both to centralised exchanges and peer-to-peer exchange solutions. It doesn’t matter whether the client entrusts funds to the platform; even just helping connect potential buyers and sellers may trigger compliance obligations.
💡 Exemption: Offering clients the sale of one’s own Bitcoin will not be subject to the regulation.
#BitcoinDesk #MiCA #djp #BitcoinLegalAlert
🔒 Question 2: Do you operate a platform for trading Bitcoin?
Operating a trading platform means creating a space where clients can buy and sell Bitcoin and swap their fiat currency for Bitcoin or other cryptocurrencies directly with one another.
⚠️ The regulation will apply both to centralised exchanges and peer-to-peer exchange solutions. It doesn’t matter whether the client entrusts funds to the platform; even just helping connect potential buyers and sellers may trigger compliance obligations.
💡 Exemption: Offering clients the sale of one’s own Bitcoin will not be subject to the regulation.
#BitcoinDesk #MiCA #djp #BitcoinLegalAlert