Regulatory Alerts2021-08-09
Added · Updated
Decision on the Manner of Calculating the Minimum Capital and Reporting on Minimum Capital of a Virtual Currency Service Provider
The Governor of the National Bank of Serbia issued this Decision to establish the calculation methods and reporting obligations for the minimum capital of virtual currency service providers. The regulation mandates minimum capital thresholds ranging from EUR 20,000 to EUR 125,000 depending on the specific services offered, with at least half required to be paid in cash. Providers must maintain this capital level continuously and submit quarterly reports using the MIN KAP-VV Form to the National Bank of Serbia.