Serbia Stablecoin Regulation

Stage: Draft

Regulator: National Bank of Serbia (NBS)

Serbia regulates digital assets through its 2021 Digital Assets Law, which provides a legal framework for cryptocurrencies and token issuance. Stablecoins are not explicitly defined but fall within this broader category, operating without specific reserve or transparency requirements.

Applicable Laws:

• Digital Assets Law - https://www.nbs.rs/export/sites/NBS_site/documents-eng/propisi/zakoni/digitalna_imovina_e.pdf