Following NBS, Securities Commission Approves Operations of Two Local Cryptocurrency Exchange Offices

The Securities Commission of the Republic of Serbia has provided an operating license to another local company, more precisely, the Crypto12 brand.

At the end of December 2022, Vescon d.o.o., headquartered in Belgrade, within which the Crypto12 platform was developed, received an authorization from the National Bank of Serbia (NBS), as proof that it acted within the law and that it was a reliable crypto player.

At the same time, another local company, namely, MCM 965, got an operating permit.

– I can say that Serbian regulations are very strict, even stricter than in many EU members, so we had to meet high standards in order to get those permits – the founder and director of Crypto12, David Veselinovic, said for Telegraf Biznis.