BTC $67,830.00 (-0.04%)
ETH $1,962.94 (+0.21%)
XRP $1.43 (+0.74%)
BNB $627.35 (+2.40%)
SOL $84.44 (+1.25%)
TRX $0.28 (+0.41%)
DOGE $0.10 (+0.66%)
BCH $567.27 (+1.01%)
ADA $0.28 (+3.18%)
LEO $8.68 (+0.29%)
HYPE $30.26 (+2.82%)
LINK $8.90 (+2.96%)
XMR $331.06 (-0.65%)
CC $0.16 (+1.71%)
XLM $0.16 (+0.90%)
RAIN $0.01 (-1.43%)
ZEC $261.98 (-1.36%)
HBAR $0.10 (+1.46%)
LTC $55.17 (+3.13%)
AVAX $9.19 (+2.32%)

Malta vs Zambia

Crypto regulation comparison

← Back to map | Malta | Zambia
Malta

Malta

Zambia

Zambia

Legal
No Regulation

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.

Zambia has no comprehensive cryptocurrency legislation. The SEC warns the public about unregulated crypto schemes and evaluates whether specific products qualify as securities. The Bank of Zambia's 2024-2027 Strategic Plan includes developing a crypto and stablecoin regulatory framework. Blockchain-based regulatory testing is underway with the SEC and BoZ.

Tax Type Capital gains
Tax Type None
Tax Rate 0-35%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator MFSA (Malta Financial Services Authority)
Regulator Bank of Zambia, Securities and Exchange Commission
Stablecoin Rules Regulated under MFSA VFA framework and EU MiCA
Stablecoin Rules No 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
  • SEC warns public against unregulated cryptocurrency schemes
  • Crypto products regulated only if they meet the definition of a security
  • BoZ 2024-2027 Strategic Plan includes crypto and stablecoin regulatory framework
  • Blockchain-based regulatory testing underway with SEC and BoZ
  • Kwacha is sole legal tender for domestic transactions per 2025 Currency Directives
Sources
Sources