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Belize vs Hungary

Crypto regulation comparison

← Back to map | Belize | Hungary
Belize

Belize

Hungary

Hungary

No Regulation
Legal

Belize has no specific cryptocurrency legislation. The central bank has not banned crypto. No capital gains tax exists in Belize.

Cryptocurrency is legal in Hungary and subject to a 15% personal income tax on gains. Hungary follows EU regulatory frameworks including MiCA. The MNB supervises crypto service providers, and the country has a growing blockchain and crypto ecosystem.

Tax Type No tax
Tax Type Capital gains
Tax Rate 0%
Tax Rate 15%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Belize
Regulator MNB (Magyar Nemzeti Bank)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Regulated under EU MiCA framework
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
  • 15% personal income tax on crypto gains
  • Additional social contribution tax may apply to certain crypto income
  • MNB supervises VASPs for AML/KYC compliance
  • MiCA framework applicable from December 2024
  • Hungary's tax rate on crypto is competitive within the EU
Sources
Sources