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Jordan vs Portugal

Crypto regulation comparison

← Back to map | Jordan | Portugal
Jordan

Jordan

Portugal

Portugal

Restricted
Legal

Jordan restricts cryptocurrency use. The Central Bank of Jordan has issued multiple warnings against crypto use and prohibits banks and financial institutions from dealing in it. The JSC does not recognize crypto as a financial instrument. However, private ownership is not explicitly criminalized.

Portugal was formerly a crypto tax haven with 0% capital gains tax on crypto for individuals, but the 2023 State Budget introduced a 28% capital gains tax on crypto held for less than one year. Crypto held for over 365 days remains tax-free for individuals. Banco de Portugal registers VASPs for AML compliance, and Portugal transitions to MiCA. Portugal attracted many crypto entrepreneurs due to its previously favorable tax regime and NHR (Non-Habitual Resident) program.

Tax Type Unclear
Tax Type Capital gains
Tax Rate N/A
Tax Rate 28%
Exchanges No No
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBJ (Central Bank of Jordan), JSC (Jordan Securities Commission)
Regulator Banco de Portugal, CMVM (Securities Market Commission)
Stablecoin Rules Not specifically regulated; CBJ does not endorse any crypto
Stablecoin Rules Regulated under EU MiCA framework
Key Points
  • CBJ prohibits banks and payment companies from dealing in cryptocurrency
  • JSC does not recognize or regulate crypto as a security or financial instrument
  • Multiple government warnings issued advising against crypto investment
  • Private ownership of crypto is not explicitly criminalized
  • Jordan has explored blockchain for government services but remains cautious on crypto trading
Key Points
  • 28% capital gains tax on crypto sold within 365 days (introduced in 2023 budget)
  • Crypto held for more than 365 days is exempt from capital gains tax for individuals
  • Banco de Portugal oversees VASP registration for AML/CFT compliance
  • CMVM regulates crypto where classified as securities
  • Former 0% tax regime attracted crypto entrepreneurs; NHR tax regime phased out in 2024
Sources
Sources