---
title: "Bosnia and Herzegovina — Crypto Service Registration: Status and Risks"
url: "https://legal.ge/en/service/crypto-blockchain-services-en/bosnia-and-herzegovina-crypto-service-registration-status-and-risks-en"
field: "Crypto & Blockchain Services"
description: "Bosnia crypto registration status: a record not a licence, two companies since 2023, a draft in the Federation, and the risks. Legal.ge."
updated: "2026-10-15"
publisher: "legal.ge"
---

# Bosnia and Herzegovina — Crypto Service Registration: Status and Risks

> Source: legal.ge, https://legal.ge/en/service/crypto-blockchain-services-en/bosnia-and-herzegovina-crypto-service-registration-status-and-risks-en

Bosnia and Herzegovina belongs to that class of markets where demand for a "crypto licence" is plentiful and the licence itself does not exist. That is why this page is a status-and-risks page, not a sales page: in one half of the country — Republika Srpska — a mandatory entry in the supervisor's record operates; in the other — the Federation — there is only a draft law; and at state level no virtual-asset law exists at all. A decision on such a market must be taken with both eyes open — the opportunity and the risk.

Our position is straightforward: instead of selling you the illusion of a "Bosnian licence", we show you what really exists (and what does not), what risks this direction carries, and how an application is structured so that it stays within the correct legal frame. This market publishes no official figures for fees, capital or deadlines — and that in itself is part of the risk.

## Republika Srpska: a Record, Not a Licence

In Republika Srpska the legal basis for crypto services is Article 260b of the Law on the Securities Market, together with the Rulebook on the record of providers of services connected with virtual currencies (Sl. glasnik RS 4/23, 82/24 and 112/25 — amended as recently as 2025). Under this article, providers established in Republika Srpska — and foreign providers serving it through a branch — must be entered in the supervisor's record before they start providing services; an unentered provider must not operate. The law also states that neither the Republic, nor the Commission, nor any other public-sector body guarantees the value of virtual currencies or bears liability for losses.

The key word here is "record", not "licence": the Securities Commission does not issue licences or approvals — it keeps the record of these providers and is at the same time exclusively competent for their AML/CFT supervision. The service therefore boils down to two layers: entry in the record and anti-money-laundering obligations. There are no licensing requirements — no capital, no prudential standards, no own-funds classes — which naturally makes this a "light" model, and precisely why resellers market it under the name of a licence.

The full text is available on legal.ge after signing in: https://legal.ge/en/service/crypto-blockchain-services-en/bosnia-and-herzegovina-crypto-service-registration-status-and-risks-en

### Does a crypto licence exist in Bosnia?

No — Republika Srpska runs a record entry (Article 260b); the Federation has only a draft. The "licence" as such does not exist.

### How many companies are recorded?

As of 23 September 2026 — two, both enrolled in 2023 (Banja Luka and Istočno Novo Sarajevo).

### Is the attempt worth it?

That is your risk profile: a light but untested model. We give you the risk map for the decision and review alternatives if needed.

### Does a Bosnian record change Georgian requirements?

No — services directed at Georgia still require National Bank registration (Article 52-5(2)).