Bulgaria vs Tunisia
Crypto regulation comparison
Bulgaria
Tunisia
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.
Tunisia restricts cryptocurrency activities. The Central Bank of Tunisia has not authorized any crypto exchanges, and foreign exchange regulations effectively prohibit crypto transactions. Tunisia's strict capital controls make legal crypto trading very difficult. Despite restrictions, some Tunisians access crypto via P2P platforms and VPNs.
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
- BCT has not authorized or licensed any crypto exchanges
- Foreign exchange regulations effectively prohibit crypto transactions
- Strict capital controls limit the ability to legally purchase crypto
- No specific crypto legislation — restrictions stem from existing financial laws
- Some informal P2P crypto activity exists despite restrictions