The Central Bank of the Republic of Kosovo held an informative workshop for institutions and crypto-asset stakeholders to present its regulatory framework for licensing crypto-asset service operators that provide exchange services, alongside its supervisory expectations and the next steps in the licensing process. The regulation, adopted under Kosovo’s Law on Crypto-Assets and aligned with the European Union’s Markets in Crypto-Assets (MiCA) principles, covers exchange of crypto-assets with fiat money, including via ATMs, as well as crypto-to-crypto exchange. Key elements presented included criteria for applying for, obtaining and maintaining a licence; prudential requirements covering corporate governance and capital; client transparency and conduct obligations; anti-money laundering and counter-terrorist financing (AML/CFT) measures; and corrective and administrative measures for non-compliance. Licensed operators will then be subject to ongoing supervision focused on meeting prudential criteria and protecting client funds. The central bank indicated that regulation of this segment will be developed gradually, with further regulatory developments expected in line with its strategic plan, and noted that the approach was developed in coordination with other domestic authorities and with technical assistance from the International Monetary Fund.
Central Bank of the Republic of Kosovo 2025-10-30
Central Bank of the Republic of Kosovo presents MiCA-aligned licensing framework for crypto-asset exchange service operators
The Central Bank of the Republic of Kosovo held a workshop to outline its regulatory framework for licensing crypto-asset service operators, aligned with the EU's Markets in Crypto-Assets principles. The framework includes criteria for licensing, prudential requirements, client transparency, and AML/CFT measures. Ongoing supervision and further regulatory developments are planned, with coordination from domestic authorities and the International Monetary Fund.