Tokenization & crypto licensing in Bosnia & Herzegovina
1 official register read, 2 entries from Securities Commission of Republika Srpska.
Crypto license in Bosnia and Herzegovina: how VASP registration works
Bosnia and Herzegovina has no state-wide crypto licence. Only Republika Srpska runs a mandatory register of virtual currency service providers, kept by its Securities Commission since the 2022 amendment to the Securities Market Law. In the Federation of BiH no licensing law is in force yet (a pre-draft was consulted in 2026), and Brčko District has no regime. Everywhere, providers are obliged entities under the state anti-money-laundering law of 2024. The steps below are for Republika Srpska.
- 1.Set up an eligible entity in Republika Srpska
A company (d.o.o. or a.d.) or a registered sole trader, with a court-register extract and an RS tax ID (JIB). Branches of firms seated elsewhere that serve clients in RS register too. The rulebook sets no special minimum capital. secrs.gov.ba ↗
- 2.Open a client-money account
A special-purpose account in KM at a commercial bank. The money on it may only be used to buy or sell virtual currencies for clients, is not the provider's property and is protected from its creditors. secrs.gov.ba ↗
- 3.Build the AML set-up
Appoint an AML officer and a deputy, write AML policies and a risk analysis, and adopt business rules that include the mandatory risk warnings to clients. secrs.gov.ba ↗
- 4.Collect identity and fit-and-proper documents
IDs of owners down to the ultimate beneficial owner, criminal-record certificates for significant owners, directors and the AML officers. Documents not older than three months; foreign documents with apostille and sworn translation. secrs.gov.ba ↗
- 5.Pay the 3,000 KM registration fee
It also covers the Commission's consent to the AML policies; later changes to them cost 1,000 KM. secrs.gov.ba ↗
- 6.File form EPU-VV with the RS Securities Commission
Within 30 days of founding, with all attachments and proof of payment. Incomplete files that are not fixed in time are rejected. secrs.gov.ba ↗
- 7.Receive the registration certificate
The Commission decides within 30 days of a complete application; the provider then appears in the public register (numbers EPUVV-n/yy). Without the entry, the services may not be provided. secrs.gov.ba ↗
- 8.Meet the ongoing duties
Report changes within 8 days, pay the annual supervision fee (1.2% of total revenue, at least 2,000 KM), file the AML risk-assessment report by the end of March and report to the financial intelligence unit (SIPA). Failures can lead to deletion for one year or permanently. secrs.gov.ba ↗
Is there a crypto license in Bosnia and Herzegovina?
There is no state-level crypto licence; the rules differ between Republika Srpska, the Federation of BiH and Brčko District. Republika Srpska runs a mandatory register of virtual currency service providers at its Securities Commission, which says it keeps a register rather than issuing operating approvals. In the Federation no licensing law is in force yet. secrs.gov.ba ↗
How does VASP registration work in Bosnia and Herzegovina?
In Republika Srpska a company or sole trader files form EPU-VV with the Securities Commission, with court-register and tax documents, owner and beneficial-owner IDs, criminal-record certificates, AML policies, a named AML officer, business rules, a client-money account and proof of the 3,000 KM fee. The Commission decides within 30 days of a complete application; the annual supervision fee is 1.2% of revenue, at least 2,000 KM. secrs.gov.ba ↗
What is the Republika Srpska crypto license based on?
On the 2022 amendment to the RS Securities Market Law (Official Gazette of RS 63/22): it defines virtual currencies and six covered services, adds art. 260b on the register and states in art. 261 that an unregistered person may not provide these services. Details are in the Rulebook on the register (Official Gazette of RS 4/23, amended 82/24 and 112/25). secrs.gov.ba ↗
Can a crypto company get a licence in the Federation of BiH?
Not yet. On 27 October 2026 the FBiH Securities Commission stated that nobody holds a licence from it for crypto-asset services. A pre-draft Law on Virtual Asset Service Providers (July 2026) would introduce a licence with 100,000 KM minimum capital and partial MiCA alignment, but it is not law. komvp.gov.ba ↗
How many crypto companies are registered in Bosnia and Herzegovina?
As of 11 November 2026 the Republika Srpska register lists two providers: Digital Asset Menagment d.o.o. (Banja Luka) and Crypto Trading Management Servis d.o.o. (Istočno Novo Sarajevo). There is no equivalent register in the Federation or in Brčko District. secrs.gov.ba ↗
How is cryptocurrency regulated in Bosnia for anti-money-laundering purposes?
Since 2024 virtual currency service providers in all of BiH are obliged entities under the state AML law (Official Gazette of BiH 13/24): customer due diligence, suspicious-transaction and 30,000 KM threshold reports to SIPA's financial intelligence department, and an AML officer. Their supervisors are the RS and FBiH Securities Commissions and Brčko's Directorate for Finance. secrs.gov.ba ↗
As of 11 November 2026. Compiled to the best of our knowledge from the official sources linked above. Information, not legal advice; the authority’s own rules and register are the source. Found an error or something out of date? Tell us at [email protected] — we check and correct it.
Buying crypto in Bosnia & Herzegovina: what to know
Legal- Securities Commission of Republika Srpska (Komisija za hartije od vrijednosti Republike Srpske) — Keeps the register (evidencija) of virtual currency service providers in Republika Srpska under art. 260b of the RS Securities Market Law and supervises them for anti-money-laundering compliance; it states it does not issue operating licences.
- Securities Commission of the Federation of BiH (Komisija za vrijednosne papire FBiH) — Named AML supervisor for virtual currency service providers in the Federation under the state AML law (art. 93); as of 27 Oct 2026 it states that no person holds a licence from it for crypto-asset services. It would become the licensing authority under the FBiH draft VASP law (pre-draft, July 2026).
- Brčko District Directorate for Finance (Tax Administration of Brčko District) — Named AML supervisor for virtual currency service providers in Brčko District under art. 93 of the state AML law; no Brčko registration or licensing regime was found.
- Financial Intelligence Department of SIPA (Finansijsko-obavještajno odjeljenje, FOO) — State financial intelligence unit; receives suspicious-transaction and threshold reports from virtual currency service providers, which are obliged entities under the 2024 BiH AML law.
- Central Bank of Bosnia and Herzegovina (CBBH) — Monetary authority; does not regulate crypto. It has publicly stated it never recommends investing in cryptocurrencies and follows the ECB's cautious approach.
No crypto-specific tax rules were found in either entity. In the Federation of BiH, the Tax Administration said in February 2023 (as reported by the FENA news agency) that crypto taxation is not expressly prescribed, and that Ministry of Finance opinions from 2022 treat crypto trading as an independent activity whose income falls under the Law on Income Tax. No official position on crypto taxation was found for Republika Srpska or Brčko District.
- Registration in Republika Srpska is a register entry with AML supervision, not a licence: the RS Securities Commission says it does not issue operating approvals, and RS law states that neither the entity nor the Commission guarantees the value of virtual currencies.
- The RS register covers firms founded in Republika Srpska and branches of firms based elsewhere that provide services in RS; it does not create a licence valid in the Federation of BiH.
- In the Federation of BiH no crypto licence exists yet; the FBiH Securities Commission warned on 27 Oct 2026 that no person holds a licence from it for crypto-asset services and that fraudsters misuse its name.
- Operating in RS without the required notification is a misdemeanour (10,000–50,000 KM for the company, 1,000–5,000 KM for the responsible person), and AML failures can lead to deletion from the register for one year or permanently.
- Client money in RS must sit in a special-purpose bank account that is not part of the provider's assets; deposit insurance and financial-consumer protection rules do not apply to crypto transactions.
Checked 2026-11-11 · Confidence: medium · Sources: [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24]
Not confirmed: Whether the FBiH Government adopted a formal draft (nacrt) of the VASP law after the consultation closed on 1 Sept 2026, or whether it reached the FBiH Parliament · Tax treatment of crypto gains in Republika Srpska and Brčko District; any tax rate for crypto income in FBiH (the 2023 FBiH statement is known only from a FENA news report) · What happened to register numbers EPUVV-2/23 and EPUVV-3/23, and to providers counted earlier (a 2024 news report mentioned six registered providers) · Content of the MONEYVAL 2024 mutual evaluation on VASPs (the rm.coe.int report could not be loaded) · Any rules on tokenized securities or a regulatory sandbox in any entity (none found)
Compiled to the best of our knowledge from the sources linked. Information, not tax or legal advice. Rules change — check the linked official sources before acting.
Found an error or something out of date? Tell us at [email protected] — we check and correct it.
Who offers tokenization and crypto services in Bosnia & Herzegovina
Crypto-asset service providers (VASPs/CASPs) in Bosnia & Herzegovina are registered with the Securities Commission of Republika Srpska (Komisija za hartije od vrijednosti RS). Its register „Pružaoci usluga povezanih sa virtuelnim valutama (VASPs, art. 260b Securities Market Law RS)“ lists 2 companies (read 2026-10-14). The conditions for registering are set by the authority — its own list is the source.
- "Digital Asset Menagment" d.o.o. Banja Luka
- "Crypto Trading Management Servis" d.o.o. Istočno Novo Sarajevo
Where are crypto companies and VASPs registered in Bosnia & Herzegovina?
With the Securities Commission of Republika Srpska (Komisija za hartije od vrijednosti RS). Its register “Pružaoci usluga povezanih sa virtuelnim valutama (VASPs, art. 260b Securities Market Law RS)” lists 2 companies (read 2026-10-14), for example "Digital Asset Menagment" d.o.o. Banja Luka, "Crypto Trading Management Servis" d.o.o. Istočno Novo Sarajevo. The requirements for registering are set by the authority; its own list is the source: https://www.secrs.gov.ba/Ucesnici/Vasp.aspx
What the authorities publish — and what we read
Status: Public register, read. Every address below was loaded, not guessed. A register entry records that an authority licensed, registered or approved something; it says nothing about whether you may or should buy it.
| Authority | Register | Finding |
|---|---|---|
| Securities Commission of Republika Srpska (Komisija za hartije od vrijednosti RS) | Pružaoci usluga povezanih sa virtuelnim valutama (VASP register) | Public register, read about 2 entries |
| Securities Commission of the Federation of BiH (KVP FBiH) | Market participants register (no VASP category) | No public register about 0 entries |
Pružaoci usluga povezanih sa virtuelnim valutama (VASPs, art. 260b Securities Market Law RS)
Licensed or registered providers · 2 entriesSecurities Commission of Republika Srpska (Komisija za hartije od vrijednosti RS) · source · read 2026-10-14
| Register no. | Name |
|---|---|
| EPUVV-1/23 | "Digital Asset Menagment" d.o.o. Banja Luka |
| EPUVV-4/23 | "Crypto Trading Management Servis" d.o.o. Istočno Novo Sarajevo |