Is crypto legal in North Macedonia? Regulation & rules (2026)

Crypto assets are neither prohibited nor recognised as legal tender in North Macedonia. The NBRM has issued repeated consumer-risk warnings since at least 2018 but has not banned trading or holding of crypto assets.

July 2022 amendments to the Law on Prevention of Money Laundering and Financing of Terrorism defined 'virtual assets', made VASPs obliged entities, and required FIO notification within 30 days of commencing activity, plus customer due diligence and transaction monitoring; practical obligations took effect April 2023.

The MONEYVAL Fifth Round Mutual Evaluation (adopted May 2023) acknowledged VASP incorporation into the AML/CFT framework but noted weak technical expertise, limited supervisory capacity, and heavy reliance on authority guidance across the sector.

As of mid-2025 North Macedonia had no standalone digital-assets law. Token offerings, custody, stablecoins, and DeFi remain unaddressed; trading occurs largely via offshore exchanges due to absence of local regulation.

The government formed in 2024 announced intent to draft digital-asset legislation modelled on the EU MiCA framework, targeting exchange licensing and FATF-aligned AML rules, with a stated 2025–2026 timeline; no law had been enacted as of June 2025.

No crypto-specific tax legislation exists. Capital gains from crypto trading are subject to the general flat 10% personal income tax; mining/staking revenue is treated as income from other sources at the same rate. No formal VAT guidance on crypto has been published.