Sweden vs Saint Vincent and the Grenadines
Crypto regulation comparison
Sweden
Saint Vincent and the Grenadines
Legal
Legal
Cryptocurrency is legal and regulated in Sweden. Crypto capital gains are taxed at a flat 30% rate. Finansinspektionen registers VASPs and oversees compliance. Sweden's Riksbank has been a pioneer in CBDC research with its e-krona project. MiCA applies from December 2024.
Saint Vincent and the Grenadines has been a popular jurisdiction for offshore crypto businesses. No income or capital gains tax.
Tax Type
Capital gains
Tax Type
No tax
Tax Rate
30%
Tax Rate
0%
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Finansinspektionen (FI)
Regulator
Eastern Caribbean Central Bank (ECCB), Financial Services Authority
Stablecoin Rules
Regulated under EU MiCA framework
Stablecoin Rules
No specific stablecoin regulation
Key Points
- Flat 30% tax on crypto capital gains
- Skatteverket (Swedish Tax Agency) actively tracks and taxes crypto; has made bulk data requests to exchanges
- VASPs must register with Finansinspektionen for AML compliance
- Riksbank e-krona CBDC pilot is one of the most advanced in Europe
- MiCA framework applicable from December 2024
Key Points
- Popular jurisdiction for crypto business registration
- No income or capital gains tax
- Financial Services Authority provides oversight
- ECCB provides regional monetary oversight
- Several crypto exchanges have been registered here