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Crypto-assets licensing in Bulgaria
Introduction On July 4, 2025, the Law on Crypto-Asset Markets came into effect in Bulgaria. This law introduces a regulatory framework...

адв. Светослав Григоров
Jul 95 min read


How to recover a seized vehicle in Bulgaria
Your vehicle that was stolen was found in Bulgaria, based on information received via the Interpol communication channel that the car was...

адв. Светослав Григоров
Sep 3, 20241 min read


Opening a bank account for foreigners in Bulgaria
Based on my extensive experience in assisting foreign clients, I offer an effective solution for your needs when opening a bank account...

адв. Светослав Григоров
Jul 19, 20241 min read


Opening a cumulative account for foreigners in Bulgaria
I am presenting you with a procedure for opening a cumulative account for a foreigner in Bulgaria, as well as the initial information and...

адв. Светослав Григоров
Nov 3, 20232 min read


Employment and Labour Law in Bulgaria
As a working foreigner, you need to know your rights and obligations under the Employment Law in Bulgaria. Before actually beginning...

адв. Светослав Григоров
Jul 30, 20232 min read


Custody and administration of crypto-assets on behalf of third parties
Custody and administration of crypto-assets service providers for negotiating duties and responsibilities with their clients. The...

адв. Светослав Григоров
May 24, 20232 min read


Obligation for all crypto-asset service providers
Crypto-asset service providers act with integrity, impartiality, and professionalism in the interests of clients. Provide objective and...

адв. Светослав Григоров
Apr 24, 20232 min read


Authorisation of crypto-asset service providers
Legal entities located in an EU member state provide crypto-asset services after the authorisation of crypto-asset service providers as...

адв. Светослав Григоров
Apr 22, 20232 min read


Significant e-money tokens
E-money tokens qualify as significant if at least three of the following criteria are met: - the number of customers, shareholders of the...

адв. Светослав Григоров
Apr 8, 20231 min read


Electronic money tokens
Authorisation To be offered in the EU, electronic money tokens require the issuer to be: - licensed credit institution or electronic...

адв. Светослав Григоров
Apr 5, 20232 min read


Significant asset-referenced tokens
The classification of asset-referenced tokens as significant is based on at least three of the following criteria: - the number of...

адв. Светослав Григоров
Mar 19, 20232 min read


Acquisitions of issuers of asset-referenced tokens
In the case of acquisitions of issuers of asset-referenced tokens, when the voting right or the owned share of the capital reaches 10,...

адв. Светослав Григоров
Mar 14, 20231 min read


Obligations of an issuer of asset-referenced tokens
Asset-referenced token issuers act with integrity, impartiality, and professionalism. Communicates with token holders in an unbiased,...

адв. Светослав Григоров
Mar 8, 20233 min read


White paper for asset-referenced tokens
The issuer is a legal entity that has sent notification of the prepared and published white paper, which contains a description of: - the...

адв. Светослав Григоров
Mar 7, 20231 min read


Authorisation for asset-referenced tokens
An authorisation to publicly offer asset-referenced tokens (stablecoins) in the European Union and to apply for their license to trade on...

адв. Светослав Григоров
Mar 6, 20233 min read


Liability of issuers of crypto-assets
When a crypto-asset issuer has provided white paper information that is not complete, objective, clear, or misleading, the holder of the...

адв. Светослав Григоров
Mar 5, 20231 min read


Notification of the crypto-asset white paper
Issuers shall send a notification regarding the white paper of the crypto-asset to the competent authority in their home Member State....

адв. Светослав Григоров
Mar 3, 20232 min read


Marketing communications for crypto-assets
All marketing communications related to the public offering of crypto-assets or their admission to trading on a platform shall meet the...

адв. Светослав Григоров
Mar 2, 20231 min read


Entry in the register of persons who, provide exchange services between virtual currencies
According to Art. 9a, para. 1 of the LMAML, the persons who, by occupation, provide exchange services between virtual currencies and...

адв. Светослав Григоров
Feb 26, 20231 min read


Regulation of crypto-assets
Regulation of crypto-assets of the European Parliament and of the Council on Markets in Crypto-assets, and amending Directive (EU)...

адв. Светослав Григоров
Feb 25, 20231 min read
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