Accept Crypto Payments in Poland: A Business Guide

Our comprehensive 2024 guide explains how to legally accept cryptocurrency payments in Poland, including current regulations and top payment gateways.
March 20, 2024
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How to Accept Crypto as Payments in Poland?

Cryptocurrencies are becoming more popular, and businesses in Poland are increasingly interested in using them as payment methods. Bitcoin, Ethereum, and other altcoins are attractive because of their potential to offer secure, fast, and borderless transactions. This article provides a comprehensive guide on how to accept crypto as payments in Poland. It covers the current status of digital currencies in Poland, licensing requirements, and crypto payment gateway options and concludes with a summary.

Current Status of Cryptocurrencies and Payments in Poland

Cryptocurrencies in Poland operate in a legal grey area as no specific regulations define cryptocurrency markets. Polish regulatory bodies, including the Polish Financial Supervision Authority (KNF), have cautioned investors about the risks associated with cryptocurrency investments due to their volatility and lack of guaranteed returns. However, this has not stopped people from using cryptocurrencies for transactions and assets within the country.

Cryptocurrency transactions are considered barter trades instead of standard buy-sell transactions. Cryptocurrencies are treated as property and subject to general tax rates of 18% or 32%, depending on income. Cryptocurrency trading businesses have a flat tax rate of 19%. Despite some skepticism from Polish leaders about blockchain technology, there have been discussions about creating a government-supported digital currency called dPLN. However, the plans were eventually dismissed. The National Bank of Poland has registered trademarks that may be related to cryptocurrency, suggesting that there may be future developments in this space.

Crypto Licensing and Registration Requirements

In Poland, businesses operating in the cryptocurrency sector must follow specific licensing and registration requirements to operate legally. Activities related to virtual currencies have been regulated since October 31, 2021, which means entities must meet additional obligations. Companies seeking a crypto license must have a clean criminal record and demonstrate adequate professional qualifications. The process involves submitting an electronic application to the Minister of Finance, followed by a compliance statement. Typically, the license is granted within 14 days.

In Poland, virtual Asset Service Providers (VASPs) must also comply with mandatory reporting obligations. They must submit quarterly statistical data to the General Inspector of Financial Information (GIIF) within 18 days after the quarter ends. Polish law regulates specific services such as exchanges between virtual currencies and fiat currencies, exchanges between virtual currencies, intermediation in exchanges, and account-keeping services for virtual currencies.

To obtain a crypto license in Poland, individuals and entities must meet specific key requirements, including the absence of a criminal record and professional qualifications related to virtual currency activities. Under Polish law, the registration process requires submitting an application to the Minister of Finance for entry into the register of activities in the field of virtual currencies.

Additionally, the taxation environment for crypto companies includes a 19% corporate income tax rate, and virtual currency exchange services are not subject to VAT. However, services invoiced in virtual currencies must follow regular VAT rules. It's also essential for companies to consider banking and financial advisory services. Traditional Polish banks may hesitate to work with crypto companies, so crypto-friendly fintech banks, often based in other EU jurisdictions, are commonly used.

Professional consultancy services can provide valuable support for obtaining detailed guidance on the licensing process, including the collection of necessary documents, company registration, and the drafting of AML/KYC policies tailored to the company's cryptocurrency operations. They can assist with obtaining a crypto license, including company registration in Poland, compliance with AML policies, and opening a corporate account. Entities interested in the crypto business in Poland must ensure compliance with all regulatory requirements to operate legally within the country's burgeoning cryptocurrency market.

Cryptocurrency Payment Gateway Options in Poland

If you are a business looking to accept cryptocurrency payments, it is essential to choose the right payment gateway. These gateways make it possible to use cryptocurrencies as payment for your products or services and then convert them to your preferred fiat currency, such as the Euro. KUNA Pay is an excellent option with many advantages tailored to empower businesses through the integration of cryptocurrency transactions.

The KUNA Pay platform supports transactions in multiple fiat and cryptocurrencies, offering flexibility for both merchants and customers. It can automatically convert cryptocurrencies into local fiat currencies, simplifying the transaction process and reducing the volatility risk associated with cryptocurrencies.

Moreover, KUNA Pay offers competitive rates for its acquiring services, making it an economical choice for businesses looking to accept crypto payments. This platform ensures compliance with strict data protection standards, providing peace of mind for businesses and their customers regarding the security and privacy of their transactions.

These benefits make KUNA Pay an attractive option for businesses looking to expand their payment options to include cryptocurrencies, providing them with access to a broader market, streamlined transactions, and enhanced security.


Incorporating cryptocurrencies into Polish businesses' payment systems is a smart and forward-thinking approach to financial transactions. By accepting cryptocurrencies, companies can attract a growing market of tech-savvy consumers and benefit from fast, secure, and global payments. However, navigating the regulatory landscape carefully is crucial, as well as ensuring compliance with all legal requirements to operate smoothly and securely.

As the crypto ecosystem continues to evolve, it is vital to stay informed about regulatory changes and technological advancements. With the right preparation and tools, accepting cryptocurrencies as payments can open new avenues for growth and innovation for businesses in Poland.

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