Serbia

The NBS Executive Board revoked the company's payment institution licence (issued 9 June 2016) on 11 September 2025; the decision states no specific violations. The company may not take new payment orders, must hold funds to refund unexecuted orders and must close its accounts other than the customer-protection account. Failure to comply carries fines of up to RSD 5,000,000 or 10 per cent of prior-year revenue.

The NBS warned the public that the owner of teslacryptocap.com and teslacrypto.me has no permit to provide virtual currency services in Serbia, although the sites advertise as crypto exchanges in Serbia and list Serbian phone numbers. It says it has taken measures to block such activity and started proceedings against those operating unlicensed services, without specifying what was done about these two sites.

The NBS Executive Board withdrew the company's electronic money licence (granted in 2016) after reviewing its compliance with the Payment Services Law. The decision does not list specific violations. Holders could redeem remaining e-money, and non-compliance risked fines of up to 10 per cent of prior-year income.