
Cryptocurrency in Romania
1. Cryptocurrency is legal, but it is not considered legal tender.
It can be used for private transactions, but no one is obliged to accept it as payment.
2. Issuing a cryptocurrency is allowed, but regulated.
You do not need prior authorization to create a cryptocurrency.
- However, if it is offered to the public, used for fundraising (like an ICO), or traded frequently, it may be subject to regulation by the Romanian Financial Supervisory Authority (ASF) or the National Bank of Romania, and must comply with anti-money laundering (AML) laws.
3. Taxation:
- Profits from cryptocurrencies are taxed as investment income.
- Exchange platforms must comply with KYC/AML regulations.
Conclusion: It is legal to issue a cryptocurrency in Romania, but if it involves public use or financial operations, registration and regulatory compliance may be required