🇷🇸 Serbia

Serbia has a legal and regulated framework for cryptocurrencies, governed primarily by the Law on Digital Assets (2020). The National Bank of Serbia oversees financial regulations but the provided text does not specify detailed crypto regulations or tax rules.

Overview

StatusLegal
Risk Score40/100 (Moderate Risk)
Regioneurope
CurrencyRSD
Adoption Rank#38

Tax Information

Capital Gains (Personal)15% capital gains tax on crypto disposals
Capital Gains (Corporate)15% corporate tax on crypto gains
VAT on CryptoNo
Staking TaxTaxed at 15%
Airdrop TaxTaxed at 15% upon receipt

Serbia taxes crypto gains at 15% for both individuals and corporations. The Law on Digital Assets provides a framework for taxation.

Licensing & Registration

RequiredYes
RegulatorNBS / SEC
FrameworkLaw on Digital Assets (2020)
Easemedium
Cost (USD)$15,000 - $80,000

Serbia's Law on Digital Assets (2020) is one of the more comprehensive frameworks in the Western Balkans. NBS oversees digital asset services while the SEC handles digital asset issuance. Belgrade has a growing tech scene.

Enforcement Activity

Level: Low

NBS has focused on implementing the Digital Assets law. Limited enforcement actions to date.

AML / KYC

KYC RequiredYes
Travel RuleNo
FATF MemberNo
FATF Statuspartially_compliant
FATF BodyMONEYVAL
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

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 Cost$0.07/kWh
Renewable Energy30%
Infrastructuregood

Mining is legal with moderate electricity costs and a renewable energy share of 30%. Serbia has decent infrastructure for mining operations.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index38/100
Banking Accessmoderate

Risk Factors

Serbia has moderate political stability with no major international sanctions. Corruption remains a challenge, and banking access for crypto companies is moderate. Regional tensions and regulatory uncertainty pose risks.

Sources

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

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