BTC $66,892.00 (-1.31%)
ETH $1,964.32 (-1.68%)
XRP $1.41 (-4.46%)
BNB $606.86 (-1.99%)
SOL $81.64 (-3.73%)
TRX $0.28 (+0.24%)
DOGE $0.10 (-2.65%)
BCH $549.79 (-1.73%)
ADA $0.27 (-3.34%)
LEO $8.66 (+2.63%)
HYPE $28.57 (-1.58%)
LINK $8.61 (-2.82%)
CC $0.16 (-3.18%)
XMR $328.54 (-3.83%)
XLM $0.16 (-4.32%)
RAIN $0.01 (-4.96%)
ZEC $257.15 (-9.63%)
HBAR $0.10 (-2.95%)
LTC $52.83 (-2.20%)
AVAX $8.85 (-2.76%)

Hungary vs Monaco

Crypto regulation comparison

Hungary

Hungary

Monaco

Monaco

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.

Monaco has no income or capital gains tax. The CCAF oversees financial activities. Monaco has shown interest in blockchain technology and digital assets.

Tax Type Capital gains
Tax Type No tax
Tax Rate 15%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator MNB (Magyar Nemzeti Bank)
Regulator Commission de Contrôle des Activités Financières (CCAF)
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules No specific stablecoin regulation
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 income or capital gains tax
  • CCAF provides financial regulatory oversight
  • Government has shown interest in blockchain technology
  • Working on digital asset regulatory framework
  • Small but active fintech community