Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

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. Quoted by the Tanjug news agency, the official elaborated:

I expect that we will issue the first licenses in the next few weeks — that is very important for us.

Responding to questions from lawmakers, Mali also revealed that four issuers of digital tokens have already paid the application fees. The minister emphasized that Serbia has become one of the first nations to regulate this field through legislation. Slowly but surely, he added, the cryptocurrency and digital token market is evolving, too.

Mali further revealed that Serbia is developing its own token trading platform, expected to launch as early as next year. He also said that the government is intensively working to adopt a growth strategy for the Belgrade Stock Exchange, which he described as “the right instrument to support the development of our financial market.”

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