The NBS Head Office Building was built from 1888 – 1890, on the basis of blueprints designed by Konstantin Jovanovic (Vienna 1849 – Zurich 1923), son to distinguished artist Anastas Jovanovic...
Digital assets, or virtual assets, means a digital representation of value that can be digitally bought, sold, exchanged or transferred and used as a means of exchange or for investment purposes.
Virtual currency means a type of digital assets that is not issued or guaranteed by a central bank or public authority, that is not necessarily attached to a legal tender and that does not have the legal status of money or a currency.
The provision of digital asset services is regulated by the Law on Digital Assets (RS Official Gazette, No 153/2020) and relevant secondary legislation of supervisory authorities (the National Bank of Serbia and Securities Commission). The National Bank of Serbia is responsible for decision-making in administrative procedures, adoption of secondary legislation, supervision and the exercise of other rights and obligations of the supervisory authority in the part relating to virtual currencies as a type of digital assets.
The National Bank of Serbia grants the licence for the provision of virtual currency services.
Notice: Legal entities and entrepreneurs with a head office in the Republic of Serbia or operating in the Republic of Serbia (e.g. through a branch) who acquired virtual currency, irrespective of the manner of acquisition, but did not use for that acquisition the virtual currency services of a service provider licensed by the National Bank of Serbia, shall submit data to the Records of Virtual Currency Holders through the Data Exchange Centre, available at https://dataexchange.nbs.rs/WebSite.
The NBS reminds the public that the Law on Digital Assets has been applied in the Republic of Serbia since June 2021, mandating the licensing of all companies aiming to provide digital assets (virtual currency and digital token) services in the Republic of Serbia. The provision of virtual currency services without prior licensing by the NBS is considered unauthorised. It is prohibited under the Law on Digital Assets and considered a criminal offence under the Criminal Code.
Since the beginning of application of the Law on Digital Assets, the NBS has continuously examined cases of unauthorised provision of virtual currency services, to prevent unauthorised activities in our country and protect citizens from potential fraud. It has also taken appropriate measures and actions to preclude such activities.
Should you know of or suspect unauthorised provision of digital asset services by a legal or natural person, please report such case to the NBS, at Kralja Petra 12, 11000 Belgrade or by email virtuelne.valute@nbs.rs. The reports may also be submitted anonymously.
