​Three crypto exchanges have applied for licensing in Serbia

What’s new? The Serbian authorities consider the license applications submitted by three cryptocurrency exchanges and four token issuers. The local publication Tanjug reports that the country's Finance Minister Sinisa Mali has confirmed the information.

Article on the Tanjug website

What does the official say? Responding to questions from the lawmakers in parliament, Mali said that four token issuers have already paid the application fees. The Minister stressed that Serbia has become one of the first countries to legislatively regulate this field. He added:

“I expect that we will issue the first licenses in the next few weeks — that is very important for us. Slowly but surely the cryptocurrency and digital token market are evolving, too.”

What are the prospects? Mali said that Serbia is developing its own token trading platform, which is expected to launch as early as next year. He also said that the government is actively working on adopting a growth strategy for the Belgrade Stock Exchange, which he called the right tool to support the development of the financial market.