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FinTechs belonging to this category offer financial services using crypto currencies. This category also includes FinTechs utilising blockchain and distributed ledger technologies (DLT) upon which Bitcoin and Ethereum are based, among others. FinTechs develop and do research in this field in order to create new services – e.g. crypto currency exchange markets, wallet providers, NFTs-related services, new payment services, "smart contracts" or new clearing and settling services.
Introduction
Attitude of the country towards financial services using crypto currencies
While there are still some reservations towards using cryptocurrencies in Montenegro, these assets and associated services have been regulated in 2025 through amendments of the Anti Money Laundering Law.
Legal affairs
Obligations and requirements to provide financial services using crypto currencies described above
Entities involved in cryptocurrency related business services will be required to register before the Registry of Cryptocurrency Service Providers. In addition, entities performing such activities would have reporting and other obligations in accordance with the Anti Money Laundering Law and other obligations which typically arise out of the local establishment of the legal entity.
Additional comments regarding the legal situation for financial services using crypto currencies or what FinTech’s must be aware of in this business area
It is expected that the Capital Market Commission will establish Registry of Cryptocurrency Service Providers during the beginning of 2026.
Economic conditions
Market size for financial services using crypto currencies and biggest companies in this business area
There is no available information about the revenues, transactions, or other market factors.
However, it should be noted that there are certain investing companies and other entities in Montenegro offering crypto currency related business services. Market size is expected to increase due to the introduction of relevant regulation.
Additional comments regarding the economic situation for financial services using crypto currencies or what FinTech’s must be aware of in this business area
N/A