Category: Bulgaria

As we delve into the cryptocurrency legislation landscape in Bulgaria in 2024, we observe a dynamic and evolving regulatory environment. This Eastern European country has adopted a progressively nuanced stance towards the burgeoning world of digital currencies, reflecting its commitment to fostering innovation while ensuring financial stability and protecting...

Bulgaria’s approach to cryptocurrency regulation prior to 2024 was marked by a lack of explicit legal definitions and specific regulatory frameworks, reflecting a cautious yet open approach to this emerging technology. Regulatory Stance and Compliance Requirements While Bulgaria did not have official legal definitions of cryptocurrencies as of 2023,...