Citizens warned not to enter into business relationships with companies dealing with virtual currencies that have not registered with Hanfa

The Croatian Financial Services Supervisory Agency (Hanfa) is hereby informing the public that so far, 17 companies have applied for registration in Hanfa’s Register of virtual asset service providers, in accordance with the amendments to the Anti-Money Laundering and Terrorist Financing Act, while 84 companies have failed to comply with this legal obligation.

The deadline for filing applications for all those with the activity of provision of exchange services between virtual currencies and fiat currencies, or the provision of custodian wallet services entered in the court register expired on 4 September 2023.

The list of companies that applied to Hanfa for entry in the Register of virtual asset service providers and are currently in the evaluation and registration process can be found on Hanfa’s website, as well as the list of 84 companies that did not comply with the legal obligation. 

Please note that companies which did not apply for registration in the Register within the statutory deadline and did not provide Hanfa with proof of the cancellation of that activity are deemed to carry out these activities unauthorised. We are warning the public not to use the services of such companies to avoid possible business risks.

Throughout 2023, Hanfa repeatedly informed these companies about the obligation in question; more information about this is available here.

In accordance with its powers, Hanfa informed the competent commercial courts of the above and requested them to act within their authority; more details are available here.