Serbia Legalizes Digital Assets Trading and Issuance

Serbia has started regulating the crypto industry as the country’s law on digital assets has gone into effect. It requires cryptocurrency service providers to obtain a license and legalizes crypto activities, including trading and mining. Serbia Starts Regulating Cryptocurrency Serbia’s recently adopted Law on Digital Assets went into effect last week with a publication in the government’s official gazette. Crypto service providers based in the country have six months to comply. The Serbian parliament has also adopted a set of amendments to the tax regulations covering....

The number of cryptocurrency holders in Serbia has climbed to around 200,000 with interest in cryptocurrencies increasing alongside growing crypto markets. The country’s decision to legally recognize digital assets this year has also contributed to their increasing popularity. Law on Digital Assets Puts Serbia on Crypto Map Recently adopted regulations and genuine investor interest have placed Serbia, a nation of 7 million located in Southeast Europe, among countries that view cryptocurrency as a thing of the present. About 200,000 Serbs now own one coin or another, local media....

Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally. Crypto Trading Platforms and Token Issuers File for Licenses in Serbia Authorities in Serbia are currently reviewing license applications submitted by three crypto exchange offices, the country’s Minister of Finance Sinisa Mali announced this week in the parliament, local media reported.....

The government of Ukraine legalized crypto and digital assets on its territory. Per an official post, the president of the country Volodymyr Zelenskyy signed a law that legalizes transactions with this asset class. Related Reading | Iranian, Venezuelan OpenSea Users Blocked From NFT Platform Over Russia’s Attack On Ukraine According to the law, crypto exchange […]

The largest digital payments company in India, Paytm, would consider adding Bitcoin trading to its offerings if the government clears regulatory confusion regarding crypto. Paytm Will Consider Offering Bitcoin Trading If The Indian Government Legalizes Crypto As per a report from Bloomberg, Paytm has expressed interest in adding Bitcoin trading to the platform. However, the […]