Albania vs Belgium
Crypto regulation comparison
Albania
Belgium
Legal
Legal
Albania adopted Law No. 66/2020 on Financial Markets Based on Distributed Ledger Technology, establishing a comprehensive licensing framework for crypto activities. The AMF and AKSHI jointly supervise. A 2022 licensing regime allows five types of DLT licenses. Crypto profits taxed at 15% capital gains; mining income taxed at 0-23%.
Cryptocurrency is legal in Belgium and regulated under the EU's MiCA framework. Tax treatment depends on whether gains are considered normal management of private assets (tax-free), speculative (33% misc income), or professional income (progressive rates). The FSMA has banned distribution of crypto derivatives to consumers.
Tax Type
Capital gains
Tax Type
Varies
Tax Rate
15%
Tax Rate
0-33%
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Financial Supervisory Authority of Albania (AMF)
Regulator
FSMA (Financial Services and Markets Authority)
Stablecoin Rules
No specific stablecoin regulation
Stablecoin Rules
Regulated under EU MiCA framework
Key Points
- Law on Financial Markets Based on DLT adopted in 2020
- Five types of DLT licenses: exchange, agent, custody, collective investment, innovative service
- Crypto profits taxed at 15% capital gains; mining at 0-23% income rates
- AML/KYC requirements apply to crypto service providers
- Albania remains on FATF grey list for AML/CFT monitoring
Key Points
- Tax treatment depends on classification: normal portfolio management (0%), speculation (33%), or professional (up to 50%)
- FSMA banned advertising of crypto derivatives and certain crypto products to consumers in 2022
- VASPs must register with FSMA and comply with AML/KYC requirements
- MiCA regulation fully applicable from December 2024
- Belgium has a relatively active crypto community and blockchain ecosystem