BTC $67,555.00 (+1.79%)
ETH $1,964.76 (+2.15%)
XRP $1.43 (+2.11%)
BNB $624.00 (+3.93%)
SOL $84.37 (+4.75%)
TRX $0.29 (+1.00%)
DOGE $0.10 (+4.09%)
BCH $562.79 (+1.72%)
ADA $0.28 (+5.33%)
LEO $8.69 (+0.06%)
HYPE $29.75 (+4.54%)
LINK $8.85 (+4.83%)
CC $0.16 (+2.93%)
XMR $333.13 (+2.03%)
XLM $0.16 (+2.84%)
RAIN $0.01 (-1.85%)
ZEC $258.53 (-0.37%)
HBAR $0.10 (+3.03%)
LTC $55.20 (+5.96%)
AVAX $9.12 (+3.60%)

Serbia vs Saudi Arabia

Crypto regulation comparison

← Back to map | Serbia | Saudi Arabia
Serbia

Serbia

Saudi Arabia

Saudi Arabia

Legal
Restricted

Serbia's Law on Digital Assets, enacted in December 2020 and effective June 2021, created one of the first comprehensive crypto regulatory frameworks in the Western Balkans. The NBS oversees virtual currencies while the Securities Commission handles digital tokens. Service providers must obtain licenses and comply with AML/KYC requirements. Capital gains taxed at 15%.

Saudi Arabia has an ambiguous but generally restrictive approach to cryptocurrency. SAMA has not licensed any crypto exchanges, and financial institutions are warned against dealing in crypto. However, crypto is not explicitly banned by law, and Saudi Arabia has participated in blockchain initiatives (Project Aber with the UAE central bank). No personal income or capital gains tax exists in Saudi Arabia.

Tax Type Capital gains
Tax Type None
Tax Rate 15%
Tax Rate 0%
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator National Bank of Serbia (NBS), Securities Commission
Regulator SAMA (Saudi Arabian Monetary Authority), CMA Saudi Arabia
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No regulation; crypto trading not authorized
Key Points
  • Law on Digital Assets enacted December 2020, effective June 2021
  • NBS regulates virtual currencies; Securities Commission regulates digital tokens
  • Capital gains on crypto taxed at 15%
  • Service providers must obtain licenses and maintain physical offices in Serbia
  • Transfer/conversion of digital assets exempt from VAT
Key Points
  • SAMA has not authorized or licensed any cryptocurrency exchanges
  • Financial institutions warned against crypto transactions
  • Crypto not explicitly banned but not regulated; exists in a legal gray area
  • No personal income or capital gains tax in Saudi Arabia
  • Saudi Arabia participated in CBDC experiments (Project Aber with UAE)
Sources
Sources