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New codes for digital assets (virtual currencies and digital tokens) in the payment system of the Republic of Serbia

  • 01 November 2024
The National Bank of Serbia, with the consent of the Ministry of Finance, has adopted the Decision on the form, content and manner of use of payment order forms for executing payment transactions in RSD, which expands the classification of transactions in domestic payment system. As part of this decision, effective October 19. 2024, new codes for cashless transactions in the area of digital assets will be applied in Serbia to enable better transparency and monitoring of payments.
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A new step towards green energy: First tokenization of a solar power plant approved in Serbia

  • 30 October 2024
The Securities Commission has approved the first tokenization project for a solar power plant in Serbia. The company AVR Solar Park, based in Belgrade, has received consent to issue 7.250 digital tokens, each valued at 100 euros.
The funds raised will be directed towards expanding the existing solar power plant, including the purchase of new panels and supporting equipment. With this project, Serbia takes a significant step forward in combining renewable energy sources with modern financial instruments.
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The Securities Commission warns the public about abuses and frauds involving digital assets

  • 29 October 2024
The Securities Commission is alerting citizens to abuses related to digital assets. The latest example of such frauds was uncovered through an operation by the Ministry of Internal Affairs of the Republic of Serbia, which resulted in the arrest of a network of scammers operating an organized call center in Belgrade. This criminal group used false investment offers in cryptocurrencies to defraud numerous investors, with estimated losses of at least 300 million euros.
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  • Internal Organization
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Rulebookon the implementation of the provisions of the Digital Assets
Rulebook on the supervision carried out by the Securities Commission
Rulebook on organizational requirements for providing investment services, performing investment activities and ancillary services and risk management
Rulebook on granting approval for the appointment of members of the management bodies of market operators, investment firms, central securities depository, and clearing house, and approved publication arrangements (APA)
Rulebook on granting approval for the acquisition of a qualifying holding in the capital of the market operator, investment firm, and central securities depository, and clearing house
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