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Hungary vs Chad

Crypto regulation comparison

Hungary

Hungary

Chad

Chad

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.

Chad has no specific cryptocurrency regulation. As a CEMAC member, it falls under BEAC oversight.

Tax Type Capital gains
Tax Type None
Tax Rate 15%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator MNB (Magyar Nemzeti Bank)
Regulator BEAC (Bank of Central African States)
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 national cryptocurrency legislation
  • BEAC provides regional monetary oversight
  • Part of the CEMAC monetary zone with the CFA franc
  • Very limited crypto adoption and infrastructure
  • No licensing framework for crypto businesses