Regulatory Alerts2021-08-30
Added · Updated
Decision on Foreign Currency Payments Relating to Digital Asset Transactions
The Executive Board of the National Bank of Serbia issued this Decision to regulate the conditions and manner of foreign currency payments related to digital asset transactions. It mandates that domestic payments for initial offerings and secondary market activities must be conducted exclusively in dinars, while foreign payments may use foreign currency or dinars subject to white paper approval. Additionally, the regulation prohibits all digital asset transactions involving foreign cash within the Republic and aligns payments for assets qualifying as financial instruments with existing capital market restrictions.