Pre-Notification Documentation for EU Authorities
Entity Information #
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Legal Name: Crypto Credits
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Product: Crypto Credits mPOS Terminal with AI
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Business Model: Non-custodial payment initiation technology
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Jurisdiction: European Union
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Deployment Model: Merchant-side terminal software & hardware
Regulatory Intent Statement #
Crypto Credits hereby informs the competent authority of its intention to deploy a non-custodial crypto payment terminal within the EU, operating without custody, issuance, or exchange of crypto-assets.
Functional Overview #
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Merchant initiates payment
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Customer approves transaction via own wallet
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Transaction routed via third-party regulated provider
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Settlement occurs externally
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Crypto Credits stores no funds, keys, or balances
MiCA Scope Clarification #
Crypto Credits does not qualify as:
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Crypto-Asset Service Provider (CASP) for custody
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Crypto exchange
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Issuer of ARTs or EMTs
Primary classification:
Technology provider facilitating payment initiation
Risk Mitigation Measures #
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No client funds handling
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AI restricted to advisory functions
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Third-party KYC/AML reliance
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Transaction logging without personal data retention
Submission Timeline #
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Recommended submission: 30–60 days pre-launch
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Contact point available for supervisory inquiries
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Willingness to adapt per national interpretation
Attachments Included #
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Architecture overview
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Data flow diagram
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AI usage explanation
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Consumer protection summary
