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Crypto Regulation in Montenegro

Legal

Montenegro uses the euro and is an EU candidate country. The Central Bank has not issued comprehensive crypto regulations. Some crypto activity exists but the framework is minimal.

Region: EuropeCurrency: EURRisk Score: 45/100

Tax Information

Capital Gains (Personal)
9%-15% progressive income tax may apply
Capital Gains (Corporate)
9% corporate tax
VAT on Crypto
No
Staking Tax
--
Airdrop Tax
--
Mining Tax
--
Summary
No specific crypto tax guidance. General income tax rates (9-15%) and 9% corporate rate may apply.

Licensing & Registration

License Required
No
Regulator
CBCG (Central Bank of Montenegro)
Framework
No specific crypto legislation
License Types
--
Estimated Cost (USD)
--
Timeline
--
Ease of Licensing
N/A
Notes
No crypto-specific licensing. As an EU candidate, Montenegro may adopt MiCA-aligned regulation in the future.

AML / KYC

KYC Required
Yes
Travel Rule
No
FATF Member
No
FATF Status
Partially Compliant
Suspicious Activity Reporting
Yes

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.08
Renewable Energy
30%
Climate
Temperate
Infrastructure
Moderate
Tax on Mining Income
9% corporate tax

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 10 days
Banking
Difficulty: Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SEPA, SWIFT, SEPA Instant
Card Payments
Visa, Mastercard
Company Registration
$8,000 | 30 days | Limited Liability Company (LLC)

Sources

Central Bank of Montenegro
Reviewed: 2026-02-01ai_baseline

Frequently Asked Questions

Is crypto legal in Montenegro?
Cryptocurrency is currently classified as "Legal" in Montenegro. Montenegro uses the euro and is an EU candidate country. The Central Bank has not issued comprehensive crypto regulations. Some crypto activity exists but the framework is minimal.
What is the crypto tax rate in Montenegro?
In Montenegro, the personal capital gains tax on crypto is 9%-15% progressive income tax may apply, and the corporate tax rate is 9% corporate tax. No specific crypto tax guidance. General income tax rates (9-15%) and 9% corporate rate may apply.
Do I need a crypto license in Montenegro?
No, Montenegro does not currently require a specific crypto license, though other financial regulations may apply.
Is crypto mining legal in Montenegro?
Yes, crypto mining is legal in Montenegro. Electricity costs approximately $0.08/kWh. Mining income is taxed at: 9% corporate tax.
What are the AML/KYC requirements for crypto in Montenegro?
Yes, crypto businesses in Montenegro must comply with KYC (Know Your Customer) requirements. FATF compliance status: partially_compliant.