2026-05-29

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Law on Crypto-Asset Markets

The Commission for Financial Supervision issues this law to regulate the public offering and trading of crypto-assets, establishing itself as the competent authority for licensing issuers and service providers under Regulation (EU) 2023/1114. The legislation mandates strict organizational requirements, asset reserve segregation for asset-referenced tokens, and enhanced fit-and-proper assessments for management and shareholders of crypto-asset service providers. It further integrates digital operational resilience testing and information reporting for crypto-asset transfers into the national regulatory framework to ensure market stability and investor protection.

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Bulgaria

Financial Supervision Commission Bulgaria

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