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Malta vs Palau

Crypto regulation comparison

← Back to map | Malta | Palau
Malta

Malta

Palau

Palau

Legal
Legal

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.

Palau has explored blockchain technology and launched a stablecoin program in partnership with Ripple. No income or capital gains tax.

Tax Type Capital gains
Tax Type No tax
Tax Rate 0-35%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator MFSA (Malta Financial Services Authority)
Regulator Financial Institutions Commission
Stablecoin Rules Regulated under MFSA VFA framework and EU MiCA
Stablecoin Rules No specific stablecoin regulation
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
  • Exploring national stablecoin in partnership with Ripple
  • No income or capital gains tax
  • Uses the US dollar as official currency
  • Small but forward-looking approach to digital assets
  • Limited domestic crypto infrastructure
Sources
Sources