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Angola vs Iceland

Crypto regulation comparison

← Back to map | Angola | Iceland
Angola

Angola

Iceland

Iceland

No Data
Legal

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Cryptocurrency is legal in Iceland and subject to a 22% capital gains tax. Iceland is a major crypto mining destination due to abundant geothermal and hydroelectric energy. As an EEA member, Iceland follows EU financial regulations including MiCA through EEA incorporation.

Tax Type Unclear
Tax Type Capital gains
Tax Rate N/A
Tax Rate 22%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator FME (Fjármálaeftirlitið / Financial Supervisory Authority), Central Bank of Iceland
Stablecoin Rules -
Stablecoin Rules No specific stablecoin regulation; follows EEA guidelines
Key Points

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Key Points
  • 22% capital gains tax on crypto profits
  • Iceland is one of the world's largest crypto mining locations due to cheap renewable energy
  • FME supervises crypto businesses under AML/KYC regulations
  • As an EEA member, Iceland incorporates EU financial regulations including MiCA
  • Capital controls (imposed 2008-2017) originally complicated crypto usage but have been lifted
Sources

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Sources