A dedicated law, not an adaptation
Law 66/2020 on Financial Markets Based on Distributed Ledger Technology was passed in May 2020 and took effect that September. It runs to 107 articles and was written for this, not stretched to cover it.
Issue tokenized real estate in Albania under your brand
Albania wrote a law specifically for tokenized financial markets in 2020, before most of Europe had decided anything. It names security token offerings directly. What it does not hand you is the platform, and that’s where we come in.
Albania legislated for this in 2020
Whilst most neighboring countries were still establishing laws surrounding token treatment and classification, Albania passed a law built for tokenized markets and has been licensing under it since.
Security token offerings are named in it
The law regulates the issuance of digital tokens through both initial coin offerings and security token offerings, and treats the two as distinct routes with different rules.
Two authorities, not one
The Financial Supervisory Authority handles licensing and market supervision. The National Agency for Information Society covers the technology side. Both are named in the law as enforcing it.
The agent role is a licensed category
The law creates a digital token agent as a licensed entity in its own right, alongside licences for issuing, trading and storing tokens. Who does what is defined rather than left to practice.
How to start
1. Tell us about the property
What you own and what you want to raise. We say plainly whether this fits, including when it does not.
2. An Albanian lawyer joins
Our local partner sets the structure, establishes whether your instrument is a security token offering under the law, and identifies which licences your project needs and who has to hold them.
The legal work and the launch run in parallel. In Albania the pace is set by the licensing route your instrument falls into. Your lawyer starts that on day one.
Before you tokenize real estate in Albania
Is real estate tokenization legal in Albania?
Yes. Law 66/2020 on Financial Markets Based on Distributed Ledger Technology has been in force since September 2020 and covers the issuance, trading and storage of digital tokens, including security token offerings.
What licences does the law create?
Separate categories for issuing, trading and storing tokens, plus a digital token agent as a licensed role in its own right, and provisions covering collective investment schemes. Your lawyer maps your project onto them.
Who regulates it?
Two bodies. The Financial Supervisory Authority handles licensing and market supervision, and the National Agency for Information Society covers the technology side. Both are named in the law.
Is it an ICO or a security token offering?
The law treats them as separate routes with different requirements. A property-backed instrument that pays investors is almost always the security token route, and that answer shapes everything else.
Last updated: 12-08-2026
The information on this page is for general informational purposes only and does not constitute legal, financial, investment, or tax advice.
Tokenizer.Estate provides a platform for real estate tokenization and connects you with licensed local partners, but we do not provide legal or regulatory guidance.
Please consult qualified professionals in your jurisdiction before making any investment or tokenization decisions.
Sources & References
- Law No. 66/2020 On Financial Markets Based on Distributed Ledger Technology
- Albanian Financial Supervisory Authority
- Law No. 9917 of 2008 on the prevention of money laundering and financing of terrorism