Regulatory Alerts2021-10-21
Added · Updated
Decision on Implementing Provisions of the Law on Digital Assets Regarding the Approval of the White Paper When Issuing Virtual Currencies
The Governor of the National Bank of Serbia issued this Decision to regulate the detailed contents, additional elements, and approval procedure for white papers published when issuing virtual currencies in Serbia. The document mandates that white papers contain comprehensive data regarding the issuer, the virtual currency's characteristics, the initial offering conditions, associated risks, and anti-money laundering compliance measures. It further specifies the required supporting documentation and the formal application process that issuers must follow to obtain regulatory approval from the National Bank of Serbia before publishing their white papers.