Regulator: Central Bank of Bosnia and Herzegovina (CBBH)
Bosnia and Herzegovina lacks a unified stablecoin or crypto regulation. The State-level AML/CFT law (2024) defines and registers VASPs but stays broad in its scope. The Republika Srpska entity, in contrast, took a step forward with a 2022 amendment to its Securities Market Law, regulating virtual assets and VASPs, covering exchange, custody, trading, and token issuance.
The Central Bank continues to insist that the BAM is the only legal tender, and it discourages crypto conversions via banks.
