Radar / Crypto-asset service provider
Crypto12
Crypto-asset service provider Serbia crypto12.com ↗
Reviewed 2026-10-28
Our verdict
No major concerns found
Public sources do not show serious problems.
What should I do?
- Still check that the website address is exactly the official one (beware of copies).
- Use payment methods with buyer protection where possible.
- Keep records of your payments.
Based on public sources at the date of review. Not a finding that the company acted unlawfully; the company can respond below.
Questions about Crypto12
Is Crypto12 licensed?
Yes. Public registers list Virtual currency service provider (register no. 500; decision G. No 12065 of 16/12/2022) – National Bank of Serbia (NBS); Digital-token service provider licence (dated 17/03/2023) – Securities Commission of the Republic of Serbia (KHoV). Vescon DOO is listed in the NBS register of virtual currency service providers (register no. 500, decision of 16/12/2022). The Securities Commission's own register of digital-token service providers also lists VESCON DOO BEOGRAD-NOVI BEOGRAD (same reg. no. 21281565), and the NBS entry references licence no.
Who owns Crypto12?
Owners and directors are identifiable via company-register data aggregators: Dusan Petrovic 68%, David Veselinovic 32%; directors Radoje Marić and David Veselinovic. The company website names the same individuals as management. The Securities Commission register also lists management and qualified-holding persons.
Is Crypto12 safe to use?
RatEx42 rates Crypto12 Green as of 2026-10-28: public sources do not show serious problems. The signal is an assessment of public information, not a finding of unlawful conduct and not advice. Always check the licence in the official register yourself.
Answers are generated from this profile (reviewed 2026-10-28). Sources are linked in “The full check” below.
About
Crypto12 is the brand of Vescon d.o.o. Beograd, a Serbian company (reg. no. 21281565, founded 13 April 2017) that runs a crypto exchange and OTC service in Belgrade. The National Bank of Serbia (NBS) register of virtual currency service providers lists the company (register no. 500, decision G. No 12065 of 16/12/2022), and the NBS entry and the Securities Commission's register of digital-token service providers also list a Securities Commission licence dated 17/03/2023. Company-register aggregators list Dusan Petrovic (68%) and David Veselinovic (32%) as owners, and Radoje Marić and David Veselinovic as directors. No regulatory sanction or adverse media against the entity was found; independent customer-complaint data is sparse.
Read more
Crypto12 is the brand of Vescon d.o.o. Beograd, a Serbian company (reg. no. 21281565, founded 13 April 2017) that runs a crypto exchange and OTC service in Belgrade. The National Bank of Serbia (NBS) register of virtual currency service providers lists the company (register no. 500, decision G. No 12065 of 16/12/2022), and the NBS entry and the Securities Commission's register of digital-token service providers also list a Securities Commission licence dated 17/03/2023. Company-register aggregators list Dusan Petrovic (68%) and David Veselinovic (32%) as owners, and Radoje Marić and David Veselinovic as directors. No regulatory sanction or adverse media against the entity was found; independent customer-complaint data is sparse.
The full check
🪪LicenceLicensing & registrationOK
Vescon DOO is listed in the NBS register of virtual currency service providers (register no. 500, decision of 16/12/2022). The Securities Commission's own register of digital-token service providers also lists VESCON DOO BEOGRAD-NOVI BEOGRAD (same reg. no. 21281565), and the NBS entry references licence no. 9/1-101-3477/15-21 of 17/03/2023. Registers show varying municipality suffixes (Stari Grad, Novi Beograd, Savski Venac) for the same registration number, reflecting address changes.
- NBS register entry for VESCON DOO BEOGRAD (STARI GRAD), reg. no. 21281565, decision G. No 12065 of 16/12/2022 2022-12-16
- NBS Serbian-language entry references Securities Commission licence no. 9/1-101-3477/15-21 of 17.03.2023 2023-03-17
- NBS register overview lists Vescon as register no. 500 (alongside MCM 965 and AX Crypto)
- Securities Commission register of digital-token service providers lists VESCON DOO BEOGRAD-NOVI BEOGRAD, reg. no. 21281565, licence no. 9/1-101-3477/1x
- Company states it holds NBS and Securities Commission licences
👥Who owns itOwnership & controlOK
Owners and directors are identifiable via company-register data aggregators: Dusan Petrovic 68%, David Veselinovic 32%; directors Radoje Marić and David Veselinovic. The company website names the same individuals as management. The Securities Commission register also lists management and qualified-holding persons. No wider group structure was found. Data was taken from aggregators, not the APR itself.
🏦Where your money goesBanking & payment chainOK
The company has an active business account at Banka Poštanska štedionica (a regulated Serbian bank), per a register aggregator (not re-verified in this re-check). The company says client funds are segregated and that it pre-funds trades from its own funds.
⚖️Regulator actionsRegulatory actionsNot checked yet
Not yet assessed.
📰News & reputationAdverse media & OSINTOK
Business media report on the licence grant and the company's activities (Bloomberg Adria, Telegraf, Biznis.rs, Nova Ekonomija). No adverse reporting was found.
💬Customer experienceCustomer conductNot checked yet
Not yet assessed.
How we rate: methodology.
Similar providers
Licences & registrations
| Regulator / register | Type | Number | Status |
|---|---|---|---|
| National Bank of Serbia (NBS) | Virtual currency service provider (register no. 500; decision G. No 12065 of 16/12/2022) | G. No 12065 | Active |
| Securities Commission of the Republic of Serbia (KHoV) | Digital-token service provider licence (dated 17/03/2023) | 9/1-101-3477/15-21 | Active |
People & network
Version history
- 2026-10-28 Green signal Automated profile created from public sources
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