Cryptocurrency licence in Slovakia

All activities related to cryptocurrency assets in Slovakia are regulated following European legislation. This regulation primarily focuses on compliance with anti-money laundering and anti-terrorism financing prescriptions. Any transactions involving digital financial assets, as well as transactions with fiat financial assets, must be transparent and traceable.

Cryptocurrencies in Slovakia are not considered securities or financial instruments, and they are not subject to regulation by the Central Bank (NBS). However, they are subject to strict legal provisions, which are spelled out in Law No. 279/2020 Coll., amending Law No. 297/2008 on the prevention of money laundering and the financing of terrorism. Cryptocurrency activity in Slovakia is monitored by the Financial Intelligence Unit (Finančná spravodajská jednotka).

COST OF OBTAINING A CRYPTO LICENCE IN SLOVAKIA

COREDO specialists are pleased to offer assistance in obtaining a cryptocurrency licence by registering a legal entity in Slovakia.

Our service package is priced at 5000 EUR + VAT, with an estimated timeframe of 4–6 weeks from the date of receiving the original documents from the customer.

This package includes:

• Registration and incorporation of the company in compliance with the law.
• Acquisition of a legal address for the company for 1 year.
• Preparation of the AML/CFT internal documentation in accordance with legal requirements.
• Obtaining an authorisation/licenсe to provide services related to the virtual assets.
• Payment of notary and state fees.
• Translation services.
• Registration with the Financial Authority of Slovakia.