BTC $67,993.00 (+0.21%)
ETH $1,966.97 (+0.33%)
XRP $1.43 (+1.07%)
BNB $627.17 (+2.55%)
SOL $84.55 (+1.15%)
TRX $0.29 (+0.71%)
DOGE $0.10 (+1.63%)
BCH $565.64 (+1.73%)
ADA $0.28 (+3.07%)
LEO $8.57 (-0.09%)
HYPE $30.27 (+4.26%)
LINK $8.90 (+2.54%)
XMR $331.78 (-1.68%)
CC $0.16 (+1.88%)
XLM $0.16 (+0.96%)
RAIN $0.01 (-2.68%)
ZEC $263.04 (+0.53%)
HBAR $0.10 (+0.49%)
LTC $55.44 (+3.38%)
AVAX $9.18 (-0.60%)

Hungary vs Japan

Crypto regulation comparison

← Back to map | Hungary | Japan
Hungary

Hungary

Japan

Japan

Legal
Legal

Cryptocurrency is legal in Hungary and subject to a 15% personal income tax on gains. Hungary follows EU regulatory frameworks including MiCA. The MNB supervises crypto service providers, and the country has a growing blockchain and crypto ecosystem.

Japan is one of the world's most comprehensively regulated crypto markets. The Payment Services Act and Financial Instruments and Exchange Act govern crypto exchanges and tokens. Japan classifies crypto as "crypto-assets" and taxes gains as miscellaneous income at rates up to 55%, though reforms to lower this rate are under active discussion.

Tax Type Capital gains
Tax Type Income
Tax Rate 15%
Tax Rate 15-55%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator MNB (Magyar Nemzeti Bank)
Regulator FSA (Financial Services Agency), JVCEA
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules 2022 stablecoin law requires issuers to be licensed banks, trust companies, or fund transfer agents
Key Points
  • 15% personal income tax on crypto gains
  • Additional social contribution tax may apply to certain crypto income
  • MNB supervises VASPs for AML/KYC compliance
  • MiCA framework applicable from December 2024
  • Hungary's tax rate on crypto is competitive within the EU
Key Points
  • Crypto exchanges must register with the FSA under the Payment Services Act
  • Crypto gains taxed as miscellaneous income at up to 55% (national + local tax)
  • Japan's self-regulatory body JVCEA sets industry standards for exchanges
  • 2022 stablecoin legislation (revised Payment Services Act) regulates stablecoin issuance
  • Government considering tax reform to apply a flat 20% separate taxation on crypto gains
Sources
Sources