Warning on the use of virtual currencies

The Central Bank of Republic of Kosovo (CBK) is issuing this statement to warn the citizens on the possible use of virtual currencies in Republic of Kosovo.

The use of virtual currencies such as Bitcoin, is not legally regulated and poses a risk that could result in financial loss. All potential users of virtual currencies are informed that there is no institution in the Republic of Kosovo that guarantees the reimbursement of lost money.

In order to inform the general public on what is virtual currency, how does it work, what are the risks you need to consider, the CBK refers to the warning issued by the European Banking Authority (EBA).
Warning in English: