BTC $67,394.00 (+0.72%)
ETH $1,957.92 (-0.53%)
XRP $1.42 (-0.50%)
BNB $608.02 (+0.20%)
SOL $83.11 (+1.77%)
TRX $0.28 (+1.32%)
DOGE $0.10 (+0.66%)
BCH $560.23 (+0.57%)
ADA $0.27 (-0.23%)
LEO $8.64 (+0.43%)
HYPE $29.39 (+2.78%)
XMR $330.45 (+0.98%)
LINK $8.62 (-0.56%)
CC $0.16 (-1.90%)
XLM $0.16 (-0.90%)
RAIN $0.01 (-2.34%)
ZEC $264.20 (-0.03%)
HBAR $0.10 (-1.00%)
LTC $53.17 (-0.65%)
AVAX $8.94 (+0.34%)

Serbia vs Uganda

Crypto regulation comparison

← Back to map | Serbia | Uganda
Serbia

Serbia

Uganda

Uganda

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%.

Uganda restricts cryptocurrency. The Bank of Uganda issued a 2022 circular (NPSD 306) barring licensed payment service providers from facilitating crypto transactions. A 2023 High Court ruling upheld the circular, declaring cryptocurrencies illegal under the National Payment Systems Act 2020. No crypto exchanges are licensed to operate. Informal P2P crypto activity exists despite restrictions.

Tax Type Capital gains
Tax Type None
Tax Rate 15%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator National Bank of Serbia (NBS), Securities Commission
Regulator BOU (Bank of Uganda), CMA Uganda
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No regulation
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
  • BOU Circular NPSD 306 (April 2022) bars licensed entities from facilitating crypto
  • 2023 High Court ruled cryptocurrencies illegal under National Payment Systems Act 2020
  • Growing crypto adoption, particularly for cross-border transactions
  • No specific crypto taxation rules
  • Financial Intelligence Authority requires VASPs to comply with AML laws
Sources
Sources