---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "moneyval", "legal"]
aliases: ["RS", "SRB", "Србија / Srbija"]
created: 2026-04-13
updated: 2025-10-01
compile_into: ["[[country--serbia]]"]
sources:
  - name: "National Bank of Serbia"
    url: "https://www.nbs.rs"
    type: "official"
---

# 🇷🇸 [[country--serbia|Serbia]] (RS) — Crypto Regulation

> 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

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 40/100 (Moderate Risk) |
| Enforcement Level | Low |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--rsd|RSD]] |
| Adoption Rank | #38 |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | 15% capital gains tax on crypto disposals |
| Capital Gains (Corporate) | 15% corporate tax on crypto gains |
| VAT on Crypto | No |
| Mining Tax | Taxed as business income at 15% |
| Staking Tax | Taxed at 15% |
| Airdrop Tax | Taxed 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

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--nbs|NBS]] / SEC |
| Framework | Law on Digital Assets (2020) |
| Ease | medium |
| Cost | $15,000 - $80,000 |
| Timeline | 3-9 months |

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.

## AML / KYC

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

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

## Geopolitics

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

## Enforcement

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

## CBDC Status: unknown

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [National Bank of Serbia](https://www.nbs.rs)