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Is crypto legal in Moldova, Republic of?

Cryptocurrency is legal in Moldova, Republic of, but subject to regulatory restrictions.

Eastern Europe · MD · 2 of 9 dimensions sourced

Every value below cites the primary government, central bank, financial regulator, or tax authority. How this is sourced →

Moldova, Republic of crypto policy at a glance

CBDC status
Not yet recorded

Stage of the central bank digital currency programme — research, pilot, or launched.

Legal status
Legal, with restrictions

Whether crypto is legal, restricted, or banned for individuals and businesses.

“The National Bank of Moldova states that virtual currencies are not legal tender in the Republic of Moldova and are not regulated. Banks are advised not to accept or undertake transactions in virtual currencies. Persons who use them do so at their own risk.”
National Bank of Moldova ↗ · as of 2018-01-15 · confidence: medium
VASP licensing
Not yet recorded

Whether the jurisdiction licenses crypto/VASP service providers.

Stablecoin rules
Not yet recorded

Rules governing stablecoin and e-money-token issuance.

Tax treatment
Not yet recorded

How crypto gains are taxed and reported, including OECD CARF participation.

DeFi treatment
Addressed

How decentralized finance (DeFi) is treated by regulators.

“The National Bank of Moldova warns consumers about the high risks of operations with crypto-assets and decentralised finance (DeFi) platforms, which are not regulated or supervised by the National Bank.”
National Bank of Moldova ↗ · as of 2022-09-22 · confidence: low
NFT classification
Not yet recorded

Whether NFTs are addressed in regulation.

Mining policy
Not yet recorded

Policy toward crypto mining — permitted, restricted, or banned.

Enforcement intensity
Not yet recorded

Intensity of regulatory enforcement actions against crypto firms.

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