---
type: city
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "fatf", "crypto_friendly"]
aliases: ["PT-LIS", "PRT-LIS", "Lisboa"]
created: 2026-04-13
updated: 2026-04-02
compile_into: ["[[country--portugal]]"]
sources:
  - name: "Banco de Portugal / CMVM"
    url: "https://www.cmvm.pt"
    type: "official"
  - name: "[[concept--mica|MiCA]] + Portuguese Securities Code"
    url: "https://www.cmvm.pt"
    type: "framework"
---

# 🇵🇹 [[city--lisbon|Lisbon]] (PT-LIS) — Crypto Regulation

> Lisbon is Europes emerging crypto hub, attracting nomads and startups. Portugals NHR regime offered 0% crypto tax (now modified). MiCA applies from 2024.

## Overview

| Field | Value |
|-------|-------|
| Status | crypto_friendly |
| Sub-jurisdiction of | [[country--portugal|Portugal]] |
| Risk Score | 15/100 (Low Risk) |
| Enforcement Level | Low |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--eur|EUR]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | 28% (short-term, <1yr) |
| Capital Gains (Corporate) | 21% IRC |
| VAT on Crypto | No |
| Mining Tax | No specific guidance |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

No crypto-specific tax guidance available.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--banco-de-portugal|Banco de Portugal]] / CMVM |
| Framework | MiCA + Portuguese Securities Code |
| Ease | N/A |
| Cost | N/A |
| Timeline | N/A months |

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | No |
| Travel Rule | No |
| [[concept--fatf|FATF]] Member | No |
| FATF Status | compliant |

## DeFi

**Status:** Legal

No specific DeFi regulation; generally permissive environment

## Stablecoins

**Status:** no_rules

No specific stablecoin framework; generally permitted

## NFTs

**Status:** no_rules

No specific NFT regulation; generally permitted

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.15/kWh |
| Renewable Energy | 30% |
| Climate | temperate |
| Infrastructure | good |

Mining is legal with moderate electricity costs and a good infrastructure environment in Lisbon, Portugal.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 62/100 |
| Ease of Business | easy |
| Internet Freedom | free |
| Banking Access | open |

## Enforcement

No significant enforcement actions reported; jurisdiction actively encourages crypto business

## CBDC Status: unknown

---

*Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [Banco de Portugal / CMVM](https://www.cmvm.pt)
- [MiCA + Portuguese Securities Code](https://www.cmvm.pt)