Romania

Romania, a European Union member, has demonstrated a relatively flexible and welcoming approach towards crypto payments, aligning with EU regulations and directives. However, the country's legal standpoint on crypto payments remains somewhat ambiguous and subject to change. The authorities are keenly observing the progression and potential risks of this emerging sector and contemplating a more all-encompassing legal framework in the future.

Crypto payments are not acknowledged as legal tender in Romania, which implies they aren't officially recognized as a means of payment or a store of value by the government. Nonetheless, they aren't prohibited either. Consequently, individuals and businesses can freely engage in online transactions, remittances, and investments using cryptocurrencies, provided they abide by the existing laws and regulations.

The primary legal references that govern crypto payments in Romania are the EU regulations and directives. These include the Fifth Anti-Money Laundering Directive (AMLD5), the Markets in Crypto Assets Regulation (MiCA), and the Digital Finance Package (DFP). These regulations aim to deliver a harmonized and consistent framework for crypto payments across the EU, addressing issues like licensing, supervision, transparency, consumer protection, and financial stability.