Sweden vs Yemen
Crypto regulation comparison
Sweden
Yemen
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.
Yemen has a restrictive environment for cryptocurrency due to ongoing conflict and fragmented governance. The Central Bank has warned against crypto use. International sanctions further restrict access.
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
- Central Bank has warned against cryptocurrency use
- Ongoing conflict limits regulatory development
- International sanctions restrict access to crypto platforms
- No specific cryptocurrency legislation
- Very limited crypto infrastructure