Crypto Regulations in Slovenia 2025
The post Crypto Regulations in Slovenia 2025 appeared first on Coinpedia Fintech News
Slovenia, a small but highly developed European country with a population of 2.1 million, boasts a rich industrial history that has significantly contributed to its robust economy. As the most economically developed Slavic nation, Slovenia has consistently grown since adopting the Euro in 2007. Its openness to innovation has been a key driver of success in the industrial sector, making it a favored destination for crypto enthusiasts. Many believe Slovenia is poised to become a powerful fintech hub in Europe. But does its current crypto regulatory framework support such aspirations?
Let’s explore Slovenia’s crypto regulations and see if they can propel the country to the forefront of the cryptocurrency landscape. My expectation is positive. What’s yours? Before answering, let’s delve deeper.
1. Crypto Regulations in Slovenia: An OverviewSlovenia is renowned for its pro-innovation stance, providing a supportive environment for emerging technologies like blockchain and cryptocurrencies. Under the Act on Payments Services and Systems, cryptocurrencies are classified as virtual assets rather than financial or monetary instruments.
Regulation of the crypto sector in Slovenia is decentralized. Various authorities manage different aspects of the ecosystem. For instance, the Bank of Slovenia and the Securities Market Agency oversee cryptocurrency transactions to ensure compliance with financial laws, including Anti-Money Laundering (AML) and Anti-Terrorist Financing regulations. The Slovenian Prevention of Money Laundering and Terrorist Financing Act (ZPPDFT-2) incorporates the EU’s 5th Anti-Money Laundering Directive (5MLD) and aligns with the latest FATF recommendations. All virtual currency service providers must register with the Office of the Republic of Slovenia.
2. Crypto Regulations in Slovenia: What’s New?Several notable developments in Slovenia’s crypto sector occurred this year:
July 25, 2024: Slovenia issued a €30 million sovereign digital on-chain bond, the first of its kind in the EU, with a 3.65% return, maturing on November 25, 2024.
July 1, 2024: NiceHash announced Slovenia’s first Bitcoin-focused conference, NiceHashX, scheduled for November 8–9 in Maribor.
Thank you @CoinEdition for sharing and spreading the news! 