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Bulgaria vs Greenland

Crypto regulation comparison

Bulgaria

Bulgaria

Greenland

Greenland

Legal
No Data

Cryptocurrency is legal in Bulgaria and subject to a flat 10% tax on capital gains, one of the lowest in the EU. Bulgaria adopted the EU's MiCA framework and requires crypto service providers to register. The country has a notable history with crypto due to a large government Bitcoin seizure in 2017.

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Tax Type Capital gains
Tax Type Unclear
Tax Rate 10%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator NRA (National Revenue Agency), FSC (Financial Supervision Commission)
Regulator -
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules -
Key Points
  • Flat 10% personal income tax rate applies to crypto capital gains
  • VASPs must register with the NRA for AML compliance
  • MiCA framework applicable from December 2024
  • Bulgaria reportedly seized approximately 200,000 BTC in a 2017 crime bust (status debated)
  • No specific crypto legislation beyond EU directives and general tax law
Key Points

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Sources

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