Hungary vs Saint Lucia
Crypto regulation comparison
Hungary
Saint Lucia
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.
Saint Lucia has no specific cryptocurrency legislation. No income or capital gains tax. ECCB provides regional monetary oversight.
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
- No specific cryptocurrency legislation
- No income or capital gains tax
- ECCB provides regional monetary oversight
- DCash CBDC pilot in the ECCU region
- Limited crypto adoption