Belize vs France
Crypto regulation comparison
Belize
France
Belize has no specific cryptocurrency legislation. The central bank has not banned crypto. No capital gains tax exists in Belize.
France has one of Europe's most developed crypto regulatory frameworks. The PACTE law (2019) established the PSAN (prestataire de services sur actifs numériques) registration regime, now transitioning to MiCA licensing. Crypto gains are subject to the 30% flat tax (prélèvement forfaitaire unique).
Key Points
- No specific cryptocurrency legislation
- Central bank has not banned crypto
- No capital gains tax in Belize
- Limited crypto adoption and infrastructure
- No licensing framework for crypto businesses
Key Points
- 30% flat tax on crypto capital gains (12.8% income tax + 17.2% social charges) for non-professionals
- PSAN registration required by AMF for all crypto service providers (mandatory since 2023)
- Transitioning from PSAN regime to MiCA licensing framework in 2024-2025
- Professional crypto traders may opt for progressive income tax rates
- France is home to major crypto companies including Ledger and Société Générale's FORGE