Country overview

This is general info about crypto regulation in Moldova. A more precise overview will be published later. However, if you find any inaccuracy or have other feedback - please write us in telegram @ilya_ii or by e-mail - editor@cryptopenetration.com

Moldova is a state located on the European Continent in the southeastern part of Europe with a population about 3 million people (1) covering an area of 34,000 km².

Based on VisaGuide (2) for staying in Moldova for up to 90 days, a visa is usually not required. The Moldovan government does not offer visas for digital nomads. To legally stay in the country for a longer period, you need to obtain an e-visa for Moldova.

It’s also possible to get an entrepreneur visa and residence permit in Moldova based on Visadb (3).

  Moldova has a moderate danger security level according to our rating. Jurisdiction has 54.9 points (from 100) for safety level in Numbeo crime rating (4). The homicide level (5) is 3.0 per 100,000 inhabitants a year. Level of firearm-related death (6) 0.23 per 100,000 inhabitants a year.  

The legislation of the Republic of Moldova (7) does not regulate the status of cryptocurrency (virtual currency or cryptocurrency) and, according to Law No. 114/2012 on payment services and electronic money, does not recognize these instruments as a means of electronic payment.

According to NBM position (8) in 2018 “cryptocurrencies are not suitable for being used as means of payment and represent an extremely speculative investment degree”.

There is still no regulation for crypto salaries in Moldova.

Currently there is no crypto regulation framework in Moldova according to NBM statement (9):

“It should be noted that the area of supervision under the NBM in terms of preventing and combating money laundering and terrorist financing is becoming more and more complex, considering the inclusion of regulatory and supervisory requirements of service providers regarding virtual currencies, both at the level of international and national standards, following the proposed legislative amendments.

Therefore, the development of the legal framework related to this field will be pursued, as well as continuous training in order to gather new knowledge and improve the professional abilities of NBM employees trained in the supervision process.”

  The headline PIT and CIT rates are 12% according to PWC (10). Based on local tax authority letter (11) CGT tax rate equals to 50% from the basic PIT rate. Probably, it means that CGT for crypto is 6%. However, there is still no clear regulation for crypto taxation in the country.  

1)👉🏻Moldova. Wikipedia

2)👉🏻Visa in Moldova

3)👉🏻Moldova Enterpreneur Activity Visa (Type D) Visadb

4)👉🏻Crime Index by Country 2023 Mid-Year

5)👉🏻List of countries by intentional homicide rate

6)👉🏻List of countries by firearm-related death rate

7)👉🏻Taxation regime for the sale of cryptocurrency Local Tax Authority Letter

8)👉🏻Virtual currency and its associated risks BNM 

9)👉🏻Priorities in banking supervision of the National Bank of Moldova for 2022 BNM

10)👉🏻Moldova PWC Tax Summaries

11)👉🏻Taxation regime for the sale of cryptocurrency Local Tax Authority Letter