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๐Ÿšจ Does MiCA Apply to Your Business? ๐Ÿšจ

๐Ÿ”’ 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.

โš ๏ธ Common businesses involved in Bitcoin-for-fiat exchanges include Bitcoin ATM operators, currency exchange offices, and brokers.

๐Ÿšซ Important note: Exchanges between Bitcoin and altcoins (๐Ÿ˜จ) also trigger compliance obligations.

#BitcoinDesk #MiCA #djp #BitcoinLegalAlert