Bosnia and Herzegovina is an attractive and promising destination for those looking to engage in commercial activities within the cryptocurrency sector. Although a comprehensive legislative framework for cryptocurrencies is not yet in place, the government is paying significant attention to the issue. Drawing on the experience of neighbouring countries, they are working on developing regulations aimed at establishing the legal oversight of digital assets.
Cryptocurrencies in Bosnia and Herzegovina are not recognised as an official means of payment and do not hold legal tender status. However, they are not prohibited for trading and investment purposes, and both individuals and legal entities are free to use them. The growing interest in the development of the cryptocurrency industry, the country’s readiness to integrate with the international cryptocurrency market, and the desire to attract foreign investors give reason to hope that a legal framework will soon be established, facilitating the formalisation of cryptocurrency activities in Bosnia and Herzegovina.