BTC $67,995.00 (+0.43%)
ETH $1,972.42 (+0.65%)
XRP $1.42 (-0.24%)
BNB $621.04 (-0.80%)
SOL $85.02 (+0.81%)
TRX $0.29 (+1.43%)
DOGE $0.10 (-2.59%)
BCH $567.03 (+0.35%)
ADA $0.28 (-2.00%)
LEO $8.24 (-3.32%)
HYPE $29.63 (-2.26%)
LINK $8.84 (-0.27%)
CC $0.16 (-0.21%)
XMR $324.89 (-1.45%)
XLM $0.16 (-3.85%)
RAIN $0.01 (-1.88%)
HBAR $0.10 (-1.20%)
ZEC $255.22 (-2.69%)
LTC $54.47 (-0.97%)
AVAX $9.04 (-1.32%)

Finland vs Mali

Crypto regulation comparison

Finland

Finland

Mali

Mali

Legal
No Regulation

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.

Mali has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

Tax Type Capital gains
Tax Type None
Tax Rate 30-34%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Finanssivalvonta (FIN-FSA)
Regulator BCEAO (Central Bank of West African States)
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules No stablecoin regulation
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 national cryptocurrency legislation
  • BCEAO provides regional monetary oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Political instability limits regulatory development
  • Minimal crypto adoption