Basics
Cryptocurrency Business Licenses: When Are They Required?
Your company needs licenses in these cases: If you offer services to exchange crypto-currencies to third parties, that is, you offer a service that allows your users to exchange euros, dollars, etc. for bitcoin, Ethereum, or any other cryptocurrency, or between crypto-currencies. If you manage the finances of users or clients in cryptocurrencies, that is, you manage the wallets of users or clients, which contain cryptocurrencies. If you have or are preparing your own token withFew readersCan My Company Operate and Deal with Crypto Without a License?
If your activity is related to crypto in any way, you need to evaluate if your business needs a license before you start to operate. Companio only supports a small set of activities involving crypto in our Premium plan. None of these activities will require you to obtain a license. If your business activity requires a license, we unfortunately cannot provide you with our services. Activities that we cannot accommodate include: NFT-related activities ICOs/IPOs Launching cryptocurrencFew readersCan I Transfer Crypto Assets from My Personal Wallet to the Company?
As part of our Premium plan, Companio allows your business to conduct some crypto activity, such as receiving payments in crypto for your services, or acquiring goods or services from your providers in crypto. To do this, you need to open crypto wallets exclusively for your business, like you would do with any bank account, to keep a strict separation between your personal and corporateFew readersDoes Companio Support Crypto Wallets or Transactions?
Companio supports businesses with a specific set of crypto activities or performing certain crypto transactions in our Premium plan. It is important for you to understand the conditions in which you can operate with crypto, and the transactions and activities supported. Join the Premium plan First, crypto activities are only allowed in the Premium plan, so make sure to contact our Customer Support team and ask them to upgrade to the Premium plan. If you plan to operate with crypto, it mayFew readers