Hungary vs South Sudan
Crypto regulation comparison
Hungary
South Sudan
Legal
No Regulation
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.
South Sudan has no specific cryptocurrency regulation. Political instability and very limited infrastructure make crypto regulation a non-priority.
Tax Type
Capital gains
Tax Type
None
Tax Rate
15%
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
MNB (Magyar Nemzeti Bank)
Regulator
Bank of South Sudan
Stablecoin Rules
Regulated under EU MiCA framework
Stablecoin Rules
No 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 specific cryptocurrency legislation
- Political instability limits regulatory development
- Very limited internet and financial infrastructure
- Minimal crypto adoption
- No licensing framework for crypto services