BTC $67,164.00 (-1.41%)
ETH $1,980.34 (-1.86%)
XRP $1.43 (-3.67%)
BNB $610.59 (-1.63%)
SOL $82.25 (-3.56%)
TRX $0.28 (-0.59%)
DOGE $0.10 (-3.19%)
BCH $562.44 (-0.79%)
ADA $0.28 (-2.87%)
LEO $8.66 (+1.56%)
HYPE $29.08 (-1.92%)
LINK $8.70 (-2.50%)
CC $0.16 (-2.23%)
XMR $326.07 (-4.96%)
XLM $0.16 (-4.29%)
RAIN $0.01 (+0.27%)
ZEC $262.81 (-10.05%)
HBAR $0.10 (-3.11%)
LTC $53.35 (-2.02%)
AVAX $8.90 (-2.52%)

Czech Republic vs United Kingdom

Crypto regulation comparison

← Back to map | Czech Republic | United Kingdom
Czech Republic

Czech Republic

United Kingdom

United Kingdom

Legal
Legal

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.

The UK has an evolving and increasingly comprehensive crypto regulatory framework. The FCA registers crypto firms for AML/CFT compliance and has imposed strict financial promotion rules requiring risk warnings and banning incentives. HMRC treats crypto as property subject to Capital Gains Tax (10% basic rate, 20% higher rate, with £3,000 annual exemption from 2024/25). The Financial Services and Markets Act 2023 brought crypto assets into the UK regulatory perimeter, and HM Treasury is developing rules for a full crypto regime including exchange licensing, stablecoin regulation, and a potential UK CBDC ('Britcoin').

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 15-23%
Tax Rate 18-24%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CNB (Czech National Bank), FAU (Financial Analytical Office)
Regulator FCA (Financial Conduct Authority), HMRC, Bank of England
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules Stablecoin regulation under Financial Services and Markets Act 2023; fiat-backed stablecoins to be regulated by FCA
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
Key Points
  • FCA AML registration required for all crypto firms operating in the UK
  • Capital Gains Tax: 10% (basic rate) or 20% (higher rate); £3,000 annual exempt amount (2024/25)
  • Financial promotions regime (2023): strict rules on crypto advertising, risk warnings mandatory
  • Financial Services and Markets Act 2023 brings crypto into regulatory perimeter
  • HM Treasury developing comprehensive crypto regulatory regime (exchange licensing, conduct rules)
Sources
Sources