Croatia vs Lebanon
Crypto regulation comparison
Croatia
Lebanon
Legal
No Regulation
Cryptocurrency is legal in Croatia and regulated under the EU's MiCA framework since Croatia joined the eurozone in January 2023. Crypto capital gains are taxed at 10-12% depending on the holding period. HANFA oversees crypto service providers.
Lebanon has no specific cryptocurrency legislation. The Banque du Liban issued a 2014 circular warning financial institutions against dealing with digital currencies, but crypto itself is not banned. Amid the severe economic crisis and banking collapse since 2019, crypto adoption has surged as citizens seek alternatives to the devalued Lebanese pound.
Tax Type
Capital gains
Tax Type
None
Tax Rate
12%
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
HANFA (Croatian Financial Services Supervisory Agency)
Regulator
BDL (Banque du Liban)
Stablecoin Rules
Regulated under EU MiCA framework
Stablecoin Rules
No regulation
Key Points
- Capital gains on crypto taxed at 12% flat rate
- Gains on crypto held over 2 years are tax-exempt
- HANFA regulates VASPs under Croatian and EU law
- MiCA framework fully applicable from 30 December 2024
- Croatia joined the eurozone in January 2023, aligning financial regulation with EU standards
Key Points
- BDL Circular 318 (2014) warned banks against dealing in crypto but did not ban it outright
- No dedicated crypto regulatory framework or licensing regime
- Severe banking crisis and capital controls have driven crypto adoption
- Crypto used as a store of value and remittance channel during economic collapse
- No specific crypto taxation rules in place