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Finland vs Falkland Islands (Malvinas)

Crypto regulation comparison

Finland

Finland

Falkland Islands (Malvinas)

Falkland Islands (Malvinas)

Legal
No Data

Cryptocurrency is legal in Finland and well-regulated by the FIN-FSA. Crypto gains are taxed as capital income at 30% (34% for gains exceeding €30,000). Finland is one of few EU countries that has actively enforced tax compliance on crypto through data requests to exchanges.

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Tax Type Capital gains
Tax Type Unclear
Tax Rate 30-34%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Finanssivalvonta (FIN-FSA)
Regulator -
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules -
Key Points
  • Crypto capital gains taxed at 30% (34% for gains over €30,000 per year)
  • FIN-FSA registers and supervises virtual currency providers under AML law
  • Finnish Tax Administration actively sends letters to crypto holders based on exchange data
  • Losses on crypto can be deducted from capital gains
  • MiCA framework applicable from December 2024
Key Points

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Sources

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