Finland vs Haiti
Crypto regulation comparison
Finland
Haiti
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.
Haiti has no cryptocurrency regulation. The central bank has not issued specific guidance on crypto. Political and economic instability has limited any regulatory development.
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
- No specific cryptocurrency legislation
- Central bank has not issued specific crypto guidance
- Political and economic instability limits regulatory development
- Crypto used informally, especially for remittances
- Limited infrastructure for formal crypto services