TLDR
- Serbia has announced plans to implement a system that monitors cryptocurrency and stablecoin transactions in real time.
- The new platform will allow authorities to track wallet activity and quickly detect suspicious transactions involving Serbian residents.
- The system is to cover ten major cryptocurrencies and stablecoins, including Bitcoin, Ethereum, Tether and USD Coin.
- Serbian regulators aim to send identity requests to wallet owners within minutes of detecting unusual blockchain activity.
- The move is part of a broader effort by Serbia to strengthen financial oversight and reduce the risks of money laundering and terrorist financing.
Serbia plans to strengthen oversight of cryptocurrency trading with a new monitoring system that targets suspicious blockchain activity. The country’s financial watchdog has issued a tender for advanced software capable of tracking digital asset flows in real time. Authorities aim to report transactions and quickly link wallets to Serbian users.
Serbian government to increase crypto oversight
Serbia’s financial intelligence unit has taken steps to strengthen monitoring of crypto transactions involving its residents. The Administration for the Prevention of Money Laundering (APML) released a public call for tenders for a blockchain tracking platform. The move follows the growing use of cryptocurrencies among the Serbian population.
The RFP outlines requirements for real-time blockchain monitoring to automatically detect high-risk or suspicious activity. The platform should identify users based in Serbia and quickly alert analysts at government institutions. It should also allow authorities to send official wallet identity requests within five minutes.
According to APML documentation, the solution must use open blockchain data, network activity, and analytics to ensure rapid detection. The agency expects the system to provide comprehensive monitoring of several major cryptocurrencies and stablecoins. Serbia continues to align with global standards in combating money laundering and countering the financing of terrorism.
Monitoring system for major cryptocurrencies
The Serbian financial body has confirmed that the platform is to support tracking of ten high-volume cryptocurrencies, including Bitcoin and Ethereum. The list also includes Binance Coin (BNB), Solana (SOL), and Dogecoin (DOGE), which remain popular in the Serbian crypto market. These parts represent a significant portion of global commercial activity.
The system must detect patterns related to money laundering or illicit fund movements on these networks. Serbian regulators intend to continuously analyze transaction flows and wallet history on these blockchains. Once a suspicious transaction is identified, officials should receive an immediate alert.
Authorities have emphasized the need for rapid response and wallet owner identification capabilities. The Serbian government expects the tool to instantly trace national crypto involvement. This mechanism aims to help Serbia mitigate financial crime risks associated with virtual currencies.
Stablecoins are also under scrutiny
The platform must also monitor stablecoins, which are linked to fiat currencies and widely used in digital payments. Serbia listed Tether (USDT), USD Coin (USDC), and First Digital USD (FDUSD) in the tender documents. These tokens are commonly used to transfer funds outside of traditional banking systems.
Serbia views stablecoins as potential channels for financial activity that cannot be traced if left unregulated. As a result, the system must track these assets in the same way as other cryptocurrencies. The platform must also support real-time alerts and identity request processes for these digital assets.
The tender remains open until November 10, 2025, giving suppliers sufficient time to propose a complete solution. The Serbian Ministry of Finance is leading the initiative through its Anti-Money Laundering Office. This measure reinforces Serbia’s growing efforts to effectively regulate the digital economy.
Serbia recognizes cryptocurrency trading as a legal and regulated activity under its Digital Assets Law, effective since 2021. The legislation classifies digital assets into virtual currencies and digital tokens, thereby establishing a regulatory framework. It also entrusts supervisory tasks to the National Bank of Serbia and the Securities Commission.
Service providers, including exchange and wallet platforms, are required to obtain licenses from Serbian regulators. Serbia applies minimum capital standards and compliance reporting, thereby improving market security and stability. Tax authorities treat crypto income as capital gains, applying a tax rate of 15%.
