According to the Ministry of Finance, shortly there will be no additional laws on the activities of cryptocurrency companies. Now the Czech Republic remains one of the most loyal countries to working with virtual currency. The system is built on business development, and the progressive approach makes it possible to respect the interests of all parties: businessmen and legislation.
Due to favorable legislation, the Czech Republic is attractive for cryptocurrency and IT activities. The Paralelni Polis center operates in Prague and is engaged in the development of crypto technology. In 2018, the Czech Republic opened a specialized blockchain alliance Blockchain Connect / Czech Alliance, whose main task is to develop and implement technology in the country. The support and funding of such structures indicate the government's interest in advancing innovative financial technologies and maintaining stability at the state level.
Owners of companies dealing with cryptocurrencies prefer to open a business in the jurisdiction of the Czech Republic. The Czech license allows the company to operate in all EU countries, provides greater freedom in the variety of services offered, and has several other advantages.
According to the type of commercial activity of your company, licenses are divided into:
TESTIMONIALS