Retail Trade in the Cryptocurrency Era: Payments and Customer Loyalty Methods

The use of digital assets is gaining increasing global significance, including Romania, and, in this context, commercial relationships between sellers and buyers are also modernizing to incorporate the latest technologies.

Given the novelty of these tools and the challenges faced by the legislative framework in keeping pace with the rapid technological advancements, it is highly beneficial to increase awareness regarding such instruments. This includes understanding how they function, the risks they entail, how these risks can be managed, as well as the reporting obligations that traders and users have, in accordance with current regulations.

We invite you to participate in the event "Retail Trade in the Cryptocurrency Era: Payments and Customer Loyalty Methods", organized by Deloitte in collaboration with MultiversX and Twispay, on May 26, 2023, starting with 09:30.

Agenda:

• The legal framework applicable to cryptocurrencies and NFTs. Implications for merchants.

• Taxation of sales conducted directly in cryptocurrencies or through electronic payment processors, and transactions involving NFTs.

• Case studies on tokenization as a method for customer loyalty and practical aspects of integrating new technologies into the business model.

The discussion will be moderated by Alexandra Smedoiu, Partner at Deloitte, and will feature the following speakers:

• Raluca Bontaș, Partner, Taxation, Deloitte
• Andrei Burz-Pînzaru, Partner, Reff & Associates | Deloitte Legal
• Angela Borza, Manager, Direct Taxation, Deloitte

Two special guests will join the discussion:

• Ștefan Szakal, Head of Core Applications, MultiversX
• Augustin Dobre, CEO, Twispay

Participation to this event is free of charge. There is no limit to the number of participants from a company. The discussions will be conducted in Romanian.