CRYPTO SETTLEMENTS IN ROMUNIA

Romania only allows crypto exchanges and wallets to exist if they are registered with the government. This means that if the exchange registers with the government, crypto transactions, known for their transparency, will be tracked.

This is because Romania believes that this transparency has led to many insidious activities such as money laundering. Moreover, Romania has a GEO or Emergency Ordinance that gives even more control over the crypto sector.

The best exchange to use when trading bitcoin in Romania

One of the safest brokers is Bitcoin Romania. Using the platform, you can buy cryptocurrencies with a debit or credit card, as well as by bank transfer. In addition, you can deposit through ZebraPay terminals throughout Romania.

In addition, the company has a Bitcoin ATM in Bucharest and if you use this method no verification is required. However, if you are going to make a transaction over the Internet, you will need to provide an identity document.

Cryptocurrency taxation in Romania

The situation with taxes on cryptocurrencies is still unclear, as there are no strict rules in this, and everyone offers their own ideas. Some want the tax to be on cryptocurrency profits, others want the tax to be on digital currency profits.

Cryptocurrency Lawyer in Romania

Assistance of a lawyer on crypto issues in Romania:

• Legal use of cryptocurrency
• Legalization of income received from operations with cryptocurrencies and investments in cryptocurrencies
• Mining Bitcoin and Ethereum
• Advising on the IEO
• Taxation of the withdrawal of assets into fiat money
• Legal support of ICO and IEO projects
• Structuring blockchain companies
• Help for crypto investors
• Assistance of a lawyer on investment in cryptocurrencies
• Registration of ICO/IEO/DeFi and Mining

Legal assistance in Romania – Bitcoin and cryptocurrency.

Therefore, the assistance of lawyers for cryptocurrency, their mining, IEO, DeFi and other crypto projects is a set of measures aimed at formalizing such relationships in full compliance with the current legislation of Romania and the EU.

The most common questions to our lawyers are:

• Payment for services, works, real estate and other assets in Romania with Bitcoin (BTC) and Ethereum (ETH). Real or not?
• In which cities in Romania can you exchange Bitcoin, Ethereum, Ripple and other cryptocurrencies?
• How to buy goods with bitcoin in Romania?

You can get answers to these and other questions by calling our lawyers or leaving your phone number.

Important! We recommend a mechanism for acquiring certain property using cryptocurrencies by concluding an exchange agreement. The conclusion of a contract for the sale of goods or services where the payment is made by cryptocurrency may be declared null and void in a court of law. For example, cryptocurrency in Ukraine is not recognized as a means of payment, and due to some regulations and positions of the central authorities, it is equated to surrogate money.

Our lawyers are fluent in all trends in the regulation of cryptocurrencies in the world, including in Romania, and guarantee the most secure ways to use it.

Conclusion

Our specialists of Prikhodko & Partners Law Firm, as well as representatives directly located in Romania, constantly monitor cryptocurrency issues and are ready to offer you the best legal option for transactions and transactions.