🇲🇰 North Macedonia

North Macedonia has no specific crypto legislation. The National Bank has issued warnings. Crypto activities exist in a legal grey area as an EU candidate country.

Overview

Statusunknown
Risk Score55/100 (High Risk)
Regioneurope
CurrencyMKD

Tax

Capital Gains (Personal)10% personal income tax may apply
Capital Gains (Corporate)10% corporate tax
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No specific crypto tax framework. Standard 10% tax rates may apply.

Licensing

RequiredNo
RegulatorNBRM
FrameworkNo specific crypto legislation
EaseN/A
CostN/A

No crypto licensing regime. NBRM has warned against crypto transactions.

DeFi

Status: Unclear

No specific DeFi regulation

Stablecoins

Status: no_rules

No specific stablecoin framework

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity$0.07/kWh
Renewable30%
Infrastructurefair

Electricity costs are moderate; renewable energy share is significant. Infrastructure is fair but not leading in Europe.

Geopolitics

Stabilitymoderate
SanctionsNo
Corruption Index36/100
Banking Accessmoderate

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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