Is crypto legal in Serbia? Regulation & rules (2026)

All entities wishing to provide virtual-currency or digital-token services in Serbia must obtain a licence from the NBS (virtual currencies) or the SECC (digital tokens with financial-instrument features) before commencing operations; unlicensed activity is a criminal offence under the Criminal Code.

The LDA prescribes minimum capital of EUR 20,000 to EUR 125,000 depending on the category of digital-asset service for which a licence is sought.

NBS supervises virtual currencies (e.g. Bitcoin, Ether), while the SECC supervises digital tokens that have the characteristics of financial instruments; issuers raising under EUR 3 million in a 12-month period may be exempt from the full Capital Market Act prospectus regime.

Serbia's SECC and NBS apply FATF Travel Rule obligations to VASPs; licensed providers must collect and transmit originator/beneficiary data on transfers above the applicable threshold.

Individual gains from disposal of digital assets are taxed at a flat 15% CGT rate; a 50% CGT reduction applies if net proceeds are reinvested within 90 days into the share capital of a Serbian resident company or a domestically-domiciled investment fund.

2025 amendments to the LDA framework explicitly recognise smart contracts as legally valid, providing a basis for automated on-chain legal and financial processes under Serbian law.