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Albania vs Greenland

Crypto regulation comparison

Albania

Albania

Greenland

Greenland

Legal
No Data

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%.

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Tax Type Capital gains
Tax Type Unclear
Tax Rate 15%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Financial Supervisory Authority of Albania (AMF)
Regulator -
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules -
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

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Sources

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