BTC $67,263.00 (+0.47%)
ETH $1,947.05 (-1.44%)
XRP $1.41 (-1.30%)
BNB $606.84 (-0.36%)
SOL $82.88 (+1.26%)
TRX $0.28 (+1.27%)
DOGE $0.10 (-0.14%)
BCH $560.95 (+0.67%)
ADA $0.27 (-0.67%)
LEO $8.66 (+0.20%)
HYPE $29.38 (+1.96%)
XMR $330.37 (+1.03%)
LINK $8.58 (-1.11%)
CC $0.16 (-3.35%)
XLM $0.16 (-1.05%)
RAIN $0.01 (-3.23%)
ZEC $262.81 (-0.14%)
HBAR $0.10 (-1.54%)
LTC $53.17 (-0.82%)
AVAX $8.93 (+0.07%)

Malta vs Puerto Rico

Crypto regulation comparison

Malta

Malta

Puerto Rico

Puerto Rico

Legal
No Data

Malta positioned itself as the 'Blockchain Island' with the 2018 Virtual Financial Assets (VFA) Act, one of the world's first comprehensive crypto regulatory frameworks. The MFSA licenses VFA service providers and oversees ICOs. Long-term crypto holdings are generally not subject to capital gains tax for individuals, while trading profits may be taxed as income.

-

Tax Type Capital gains
Tax Type Unclear
Tax Rate 0-35%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator MFSA (Malta Financial Services Authority)
Regulator -
Stablecoin Rules Regulated under MFSA VFA framework and EU MiCA
Stablecoin Rules -
Key Points
  • Virtual Financial Assets Act (2018) provides a comprehensive licensing framework
  • MFSA licenses VFA exchanges, brokers, custodians, and portfolio managers
  • Long-term crypto holdings generally not subject to capital gains tax for individuals
  • Day trading profits may be taxed as business income at progressive rates up to 35%
  • Transitioning to EU MiCA framework from December 2024
Key Points

-

Sources

-