Serbia’s Bitcoin Community Pledges Response to Central Bank Warning

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The National Bank of Serbia (NBS) issued its first statements on bitcoin earlier this month, echoing familiar warnings issued by central banks around the global.

Citing statements from the European Banking Authority, the NBS confirmed that bitcoin is not considered legal tender under the country’s laws, that banks and licensed exchange dealers are prohibited from transacting in bitcoin and that consumers who choose to use digital currency do so at their own risk.

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