Crypto Travel Rule Regulations in Poland 2025

Breaking Down Compliance Requirements in the Polish Crypto Ecosystem

Who Needs to Register?

All Crypto Asset Service Providers (CASPs) operating in Poland must register with the Polish Financial Supervision Authority (KNF). This registration requires submitting detailed information about the company’s operations, governance, and compliance measures.

When Did the Travel Rule Begin?

Poland implemented the Travel Rule as part of the EU’s AMLD5 (Fifth Anti-Money Laundering Directive). The rule officially came into effect on July 1, 2021, giving CASPs time to adapt their processes to the new requirements.

MiCA Transition Period: Key Dates to Remember

The Markets in Crypto-Assets (MiCA) regulation introduces a transition period to ease the shift to the updated regulatory framework. Businesses operating before MiCA’s enforcement date in late 2024 will have until July 2026 to fully comply with its requirements, including:

• Securing proper licenses,
• Implementing consumer protection measures,
• Enhancing operational transparency.

This phased approach allows businesses to continue their activities while preparing for the new standards, ensuring a seamless transition to MiCA compliance.

Is There a Transaction Threshold?

No, Poland applies the Travel Rule to all cryptocurrency transactions, regardless of the transaction amount, ensuring consistent oversight across the market.

What Information Must Be Shared?

CASPs in Poland must collect and share key details for both the originators and beneficiaries of transactions, such as:

• Full name and address,
• Date and place of birth,
• Nationality,
• Account number or unique transaction ID.

Self-Hosted Wallet Requirements

Transactions involving self-hosted wallets are not exempt from regulations. CASPs are required to apply the same AML/CTF measures, including enhanced due diligence, when necessary.

Key Highlights of Crypto Compliance in Poland

1. Legality of Cryptocurrency in Poland
   Yes, cryptocurrency is fully legal in Poland. Residents can buy, sell, and hold virtual assets in a secure and regulated environment.
2. Anti-Money Laundering Measures (AML)
   CASPs operating in Poland must register with KNF and implement AML/CTF procedures, such as:
   • Verifying customer identities (KYC),
   • Monitoring transactions for suspicious activities,
   • Reporting unusual behavior to authorities.
3. Travel Rule Enforcement
   Poland enforces the Travel Rule, requiring CASPs to collect and share identifying information for the senders and recipients of cryptocurrency transactions. These rules align with FATF Recommendation 16, a key standard for global financial security.
4. Regulatory Oversight of Crypto Activities
   The KNF is Poland’s primary regulatory authority, ensuring that CASPs comply with legal requirements and operate transparently.

Partner with Scorechain for Effortless Compliance

Navigating Poland’s crypto regulatory landscape can be complex, but it doesn’t have to be! Scorechain provides advanced solutions to help CASPs easily meet AML, CTF, and Travel Rule obligations.

🔎 Advanced transaction monitoring to minimize risks.
📊 Comprehensive compliance tools tailored to your needs.
🤝 Support for regulatory registration with KNF.
🔗 Integrated Travel Rule solutions for secure and efficient data sharing.

Ready to simplify compliance?
Let Scorechain empower your business to stay ahead in Poland’s dynamic crypto market. Contact us today to schedule a consultation or demo!

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