In order to operate in the Romanian cryptocurrency industry, companies need to obtain a crypto license in Romania. Our team of Romanian lawyers can offer legal assistance on the current legislation, licensing requirements and on the obligations crypto businesses have upon incorporation and after they start their activities.
It must be noted that the legal framework regulating cryptocurrency in Romania is constantly evolving based on the trends observed on the market as well as on the legislation prescribed by the European Union (EU), to which all member states must adhere to. That’s why we strongly recommend you to address our law firm in Romania if you plan to invest in this sector.
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What is the EU law on cryptocurrency?
Cryptocurrency operators need to abide by the anti-money laundering (AML) legislation applicable in the EU country where they intend to set up their activities. Along with this law, they also need to observe the rules of the Markets in Crypto-Assets (MiCA) Regulation, the latest piece of legislation that has been adopted at an EU level.
The highlights of the crypto law in Romania
MiCA entered into force in 2023, but the EU member states had to implement the law into their national laws by the end of 2024. Romania has also adopted the MiCA law, which has been implemented into its local legislation through an ordinance. MiCA aims at the regulation of crypto asset service providers (CASPs), which must be fully compliant and licensed (such entities need to obtain a crypto license in Romania as well).
In the list below, our lawyers in Romania present a few of the legal matters that should be taken into consideration by investors interested in developing crypto operations here:
- MiCA is known, from a legal point of view, as Regulation (EU) 2023/1114;
- in March 2025, the Romanian authorities have adopted the Emergency Government Ordinance 10/2025, which transposes the requirements of the MiCA law;
- the Ordinance brought significant changes on Law no. 129/2019;
- 2 authorities have been appointed to supervise cryptocurrency operations, namely the Financial Supervisory Authority and the National Bank of Romania (they handle different categories of crypto operations).
For instance, the Financial Supervisory Authority supervises CASP activities and cryptocurrency ATM operations, while the National Bank is responsible for electronic money tokens and banking crypto services.
What are the obligations for CASPs in Romania?
Investors who open a business in Romania and they qualify as CASPs have a set of obligations. First of all, they need to be compliant with the EU law and abide by the obligations of Law 129/2019 (provide comprehensive documentation on how they implement anti-money laundering procedures within their company).
From a financial point of view, CASPs have the obligation to pay a monthly fee to the Financial Supervisory Authority. The fee is calculated from the revenues obtained from authorized activities and it is payable at rate of 0.5% from the said revenues.
Concerning the deadline to pay the monthly fee, it must be noted that the law states that it must be paid no later than the 15th day of the next month. Our attorneys in Romania may offer further information.
We also mention that those who already carry out CASP-related operations in Romania, prior to the implementation of the MiCA law, can still carry their activities, provided that they make the required steps for obtaining their crypto license in Romania (referred to as authorization).
We invite you to contact our law firm in Romania for legal assistance on the issuance of a crypto license. We recommend you to address us if you want to start the process of company formation in Romania for a crypto business. Our clients can also rely on us if they want to set up their headquarters here (they can buy a property in Romania or rent a suitable office space).