Brunei vs Czech Republic
Crypto regulation comparison
Brunei
Czech Republic
Restricted
Legal
Brunei has no specific cryptocurrency legislation. The BDCB (formerly AMBD) stated in 2017 that crypto is not legal tender and not regulated, warning the public about risks. Crypto is not banned but has no legal protection. No tax guidelines address crypto specifically.
Cryptocurrency is legal in the Czech Republic with a growing regulatory framework aligned with EU standards. Crypto gains are subject to personal income tax at 15% (or 23% for high earners). A 2024 amendment introduced a tax exemption for crypto held over 3 years, effective from 2025.
Tax Type
None
Tax Type
Capital gains
Tax Rate
N/A
Tax Rate
15-23%
Exchanges
No
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Brunei Darussalam Central Bank (BDCB, formerly AMBD)
Regulator
CNB (Czech National Bank), FAU (Financial Analytical Office)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
Regulated under EU MiCA framework
Key Points
- BDCB stated in 2017 that crypto is not legal tender and not regulated
- Crypto not recognized as legal tender
- No specific cryptocurrency legislation
- Financial institutions discouraged from dealing in crypto
- No tax guidelines specifically address cryptocurrency
Key Points
- Crypto gains taxed at 15% income tax (23% for income above CZK 1,935,552)
- New exemption from 2025: crypto held over 3 years or gains under CZK 100,000 per year exempt
- VASPs must register with the FAU (trade licensing office) and comply with AML law
- MiCA framework applicable from December 2024
- Prague is a notable European hub for crypto businesses and blockchain development