BTC $67,737.00 (+0.74%)
ETH $1,959.56 (+0.98%)
XRP $1.43 (+1.19%)
BNB $626.35 (+2.94%)
SOL $84.30 (+1.85%)
TRX $0.28 (+0.29%)
DOGE $0.10 (+1.21%)
BCH $565.10 (+1.60%)
ADA $0.28 (+3.78%)
LEO $8.50 (-0.33%)
HYPE $30.27 (+3.13%)
LINK $8.86 (+3.52%)
XMR $330.93 (+0.47%)
CC $0.16 (+1.77%)
XLM $0.16 (+1.49%)
RAIN $0.01 (+2.97%)
ZEC $262.43 (-0.63%)
HBAR $0.10 (+2.07%)
LTC $54.96 (+3.45%)
AVAX $9.16 (+2.68%)

Iceland vs Saint Lucia

Crypto regulation comparison

← Back to map | Iceland | Saint Lucia
Iceland

Iceland

Saint Lucia

Saint Lucia

Legal
No Regulation

Cryptocurrency is legal in Iceland and subject to a 22% capital gains tax. Iceland is a major crypto mining destination due to abundant geothermal and hydroelectric energy. As an EEA member, Iceland follows EU financial regulations including MiCA through EEA incorporation.

Saint Lucia has no specific cryptocurrency legislation. No income or capital gains tax. ECCB provides regional monetary oversight.

Tax Type Capital gains
Tax Type No tax
Tax Rate 22%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator FME (Fjármálaeftirlitið / Financial Supervisory Authority), Central Bank of Iceland
Regulator Eastern Caribbean Central Bank (ECCB)
Stablecoin Rules No specific stablecoin regulation; follows EEA guidelines
Stablecoin Rules No specific stablecoin regulation
Key Points
  • 22% capital gains tax on crypto profits
  • Iceland is one of the world's largest crypto mining locations due to cheap renewable energy
  • FME supervises crypto businesses under AML/KYC regulations
  • As an EEA member, Iceland incorporates EU financial regulations including MiCA
  • Capital controls (imposed 2008-2017) originally complicated crypto usage but have been lifted
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
Sources
Sources