In Croatia, virtual currencies are defined as “a digital representation of value that is not issued or guaranteed by a central bank or a public
authority, is not necessarily attached to a legally established currency, and does not possess a legal status of currency or money, but is
accepted by natural or legal persons as a means of exchange and which can be transferred, stored and traded electronically.” Since “virtual
currency” is a synonym for “cryptocurrency,” the Croatian government has implicitly provided cryptocurrencies with a legal definition.
Despite providing a legal definition, the Croatian government’s restrictive regulations display the state’s skepticism of the new technology. In
2017, the National Bank of Croatia (CNB) emphasized that cryptocurrencies are not considered a legal means of payment, nor are they
recognized as foreign currency or foreign payment instruments. Also, Croatia’s Financial Stability Council informed the public that Croatian
regulators are not responsible for overseeing virtual currency transactions.
2 Local AML officers
Set of policies
Statutory capital from 2500 Eur
Company registration - 2290 Euro
Crypto license - 2900 Euro (state fees not included)
AML officer search - starts from 290 Euro