Cryptocurrency Regulation in Albania: A Brief Overview

Cryptocurrencies have gained popularity worldwide, but their regulatory status varies across countries. In Albania, the government has taken steps to address the issue. According to the Albanian Financial Supervisory Authority (AFSA), the country's regulatory body for the financial sector, cryptocurrencies are not considered a currency but rather a financial instrument (1). This classification has implications for taxation and other regulatory requirements.

The AFSA has established a regulatory framework for cryptocurrencies, which includes anti-money laundering (AML) and know-your-customer (KYC) requirements. These regulations aim to prevent the use of cryptocurrencies for illicit activities and ensure the integrity of the financial system. The AFSA has also issued guidelines for cryptocurrency exchanges and other service providers, requiring them to comply with AML and KYC regulations.

"The regulatory framework for cryptocurrencies in Albania is designed to ensure the integrity of the financial system and prevent the use of cryptocurrencies for illicit activities. We encourage all service providers to comply with our guidelines and regulations to maintain a safe and secure environment for users." - Albanian Financial Supervisory Authority (AFSA)

While Albania has established a regulatory framework for cryptocurrencies, the landscape is still evolving. The AFSA continues to monitor the situation and update its guidelines as needed. Users and service providers should familiarize themselves with the current regulations to avoid any potential issues.

Source:
Albanian Financial Supervisory Authority. (n.d.). Regulatory Framework for Cryptocurrencies
Albanian Financial Supervisory Authority. (n.d.). Anti-Money Laundering and Know-Your-Customer Requirements

Last updated: 17-10-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.