---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "moneyval", "restricted"]
aliases: ["MK", "MKD", "Северна Македонија"]
created: 2026-09-18
updated: 2025-06-01
compile_into: ["[[country--north-macedonia]]"]
sources:
  - name: "NBRM"
    url: "https://www.nbrm.mk"
    type: "official"
  - name: "PwC Worldwide Tax Summaries: North Macedonia, Taxes on personal income"
    url: "https://taxsummaries.pwc.com/north-macedonia/individual/taxes-on-personal-income"
    type: "secondary"
  - name: "PwC Worldwide Tax Summaries: Capital gains tax rates"
    url: "https://taxsummaries.pwc.com/quick-charts/capital-gains-tax-cgt-rates"
    type: "secondary"
  - name: "[[concept--moneyval|MONEYVAL]] Mutual Evaluation Report: North Macedonia (2023)"
    url: "https://www.fatf-gafi.org/content/dam/fatf-gafi/fsrb-mer/N-Macedonia-Moneyval-Mutual-Evaluation-2023.pdf.coredownload.inline.pdf"
    type: "official"
---

# 🇲🇰 [[country--north-macedonia|North Macedonia]] (MK): Crypto Regulation

> North Macedonia has no crypto licensing law. Since the AML/CFT Law of 7 July 2022, virtual asset service providers operating as legal entities are obliged entities for anti-money laundering purposes: they must notify the Financial Intelligence Office, which keeps a public register of VASPs and supervises them, with AML obligations applying from April 2023. As of 2023 there was no licensing regime for VASPs (MONEYVAL mutual evaluation 2023). North Macedonia is an EU candidate country and MiCA does not apply.

## Overview

| Field | Value |
|-------|-------|
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Enforcement Level | Low |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--mkd|MKD]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No crypto-specific rules; capital gains are taxed at the flat 10% personal income tax rate (0% on securities and investment fund shares held over 2 years) |
| Capital Gains (Corporate) | 10% corporate tax |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

No crypto-specific tax rules. Capital gains of individuals are taxed at the flat 10% personal income tax rate; companies pay 10% corporate income tax.

## Licensing

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | FIU (Financial Intelligence Office) for VASP AML registration; NBRM for banks |
| Framework | No crypto licensing law; Law on Prevention of Money Laundering and Financing of Terrorism (2022), Article 8 (VASP register kept by the Financial Intelligence Office) |
| Ease | N/A |
| Cost | N/A |
| Timeline | N/A months |

No licensing regime for VASPs; legal-entity VASPs must notify the Financial Intelligence Office within 30 days of registration in the Central Register, with fines of EUR 10,000 to 40,000 for breaching this duty. Natural persons acting as VASPs fall outside the AML/CFT Law.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | No |
| FATF Status | largely_compliant |

## DeFi

**Status:** Unclear

No specific DeFi regulation

## Stablecoins

**Status:** no_rules

No specific stablecoin framework

## NFTs

**Status:** no_rules

No specific NFT regulation

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.07/kWh |
| Renewable Energy | 30% |
| Climate | continental |
| Infrastructure | fair |

Mining is legal with moderate electricity costs and a fair infrastructure environment. Renewable energy contributes about 30% to the electricity mix, supporting somewhat sustainable mining operations.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 38/100 |
| Ease of Business | moderate |
| Internet Freedom | partly_free |
| Banking Access | moderate |
| Sanctions Programs Active | No |

## Enforcement

No significant enforcement actions reported

## CBDC Status: unknown

## FAQ

### Is cryptocurrency legal in North Macedonia?

North Macedonia has no crypto licensing law. Since the AML/CFT Law of 7 July 2022, virtual asset service providers operating as legal entities are obliged entities for anti-money laundering purposes: they must notify the Financial Intelligence Office, which keeps a public register of VASPs and supervises them, with AML obligations applying from April 2023. As of 2023 there was no licensing regime for VASPs (MONEYVAL mutual evaluation 2023). North Macedonia is an EU candidate country and MiCA doe

### What is the FATF status of North Macedonia?

North Macedonia is classified by FATF as: largely_compliant.

### What is the AML/KYC regime in North Macedonia?

KYC is mandatory for crypto businesses.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-09-18.*

**Sources:**
- [NBRM](https://www.nbrm.mk)
- [PwC Worldwide Tax Summaries: North Macedonia, Taxes on personal income](https://taxsummaries.pwc.com/north-macedonia/individual/taxes-on-personal-income)
- [PwC Worldwide Tax Summaries: Capital gains tax rates](https://taxsummaries.pwc.com/quick-charts/capital-gains-tax-cgt-rates)
- [MONEYVAL Mutual Evaluation Report: North Macedonia (2023)](https://www.fatf-gafi.org/content/dam/fatf-gafi/fsrb-mer/N-Macedonia-Moneyval-Mutual-Evaluation-2023.pdf.coredownload.inline.pdf)