Regulatory Alerts2021-05-24
Added · Updated
Law on Digital Assets of the Republic of Serbia
The Republic of Serbia enacted this law to regulate the issuance, secondary trading, and service provision for digital assets, establishing the Securities Commission and the National Bank of Serbia as joint supervisory authorities. The legislation mandates licensing for digital asset service providers, defines specific service categories including custody and trading platforms, and creates a technology-neutral framework that distinguishes between virtual currencies and digital tokens. It further imposes prohibitions on supervised financial institutions from owning digital assets or providing related services while enforcing strict administrative procedures and payment regulations.
Share