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Armenia vs Slovenia

Crypto regulation comparison

Armenia

Armenia

Slovenia

Slovenia

Legal
Legal

Armenia adopted a comprehensive Law on Crypto Assets in May 2025, effective July 2025, modeled on the EU's MiCA. The Central Bank of Armenia licenses crypto service providers. Non-entrepreneur crypto gains are tax-free (0%); ECOS Free Economic Zone offers incentives for blockchain startups. Licensing enforcement begins January 2026.

Slovenia proposed a 25% tax on crypto capital gains effective January 2026, but the law was pulled from the December 2025 legislative session and has not been enacted. Currently, individual crypto trading gains remain untaxed. Slovenia has been crypto-friendly, with Ljubljana hosting Bitcoin City and a strong blockchain community. VASPs must register for AML compliance. MiCA applies from December 2024.

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 0% (non-entrepreneur) / 10-20% (business)
Tax Rate 25% (proposed, not yet enacted)
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Armenia
Regulator ATVP (Securities Market Agency), Bank of Slovenia
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules Regulated under EU MiCA framework
Key Points
  • Law on Crypto Assets adopted May 2025, effective July 2025
  • Central Bank of Armenia licenses all crypto service providers
  • 0% capital gains tax for non-entrepreneur crypto transactions
  • Framework modeled on EU MiCA regulation
  • Licensing enforcement begins January 31, 2026
Key Points
  • 25% crypto capital gains tax proposed but not yet enacted; pulled from Dec 2025 legislative session
  • Individual crypto trading gains currently untaxed pending new legislation
  • VASPs must register for AML/CFT compliance with relevant authorities
  • Ljubljana hosts 'Bitcoin City' — a commercial district accepting crypto payments
  • MiCA framework applicable from December 2024