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Crypto Regulation in Bulgaria

Legal

Bulgaria regulates crypto under MiCA with the Financial Supervision Commission and the Bulgarian National Bank overseeing compliance. Crypto is taxed at the flat 10% personal income rate.

Region: EuropeCurrency: BGNAdoption Rank: #40Risk Score: 35/100

Tax Information

Capital Gains (Personal)
10% flat income tax on crypto gains
Capital Gains (Corporate)
10% corporate tax on crypto profits
VAT on Crypto
No
Staking Tax
Taxed as income at 10% flat rate
Airdrop Tax
Taxed as income at 10% upon receipt
Mining Tax
Taxed as business income at 10% corporate rate
Summary
Bulgaria applies its flat 10% personal and corporate income tax rates to crypto gains, making it one of the lowest-tax EU jurisdictions for crypto. Crypto is treated as a financial asset.

Licensing & Registration

License Required
Yes
Regulator
FSC / BNB (Financial Supervision Commission / Bulgarian National Bank)
Framework
Markets in Crypto-Assets Regulation (MiCA)
License Types
Crypto-Asset Service Provider (CASP) Authorization under MiCA
Estimated Cost (USD)
$20,000 - $100,000
Timeline
4-10 months
Ease of Licensing
Medium
Notes
Bulgaria is implementing MiCA CASP authorization through the FSC. The regulatory framework is still maturing. Bulgaria's NRA has registered VASPs for AML compliance purposes.

AML / KYC

KYC Required
Yes
Travel Rule
Yes
FATF Member
No
FATF Status
Compliant
Suspicious Activity Reporting
Yes

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.09
Renewable Energy
30%
Climate
Temperate
Infrastructure
Good
Tax on Mining Income
10% corporate tax on crypto profits

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 10 days
Banking
Difficulty: Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SEPA, SWIFT, SEPA Instant
Card Payments
Visa, Mastercard
Company Registration
$8,000 | 30 days | Limited Liability Company (LLC)
Licensing Support
Available | $25,000 - $100,000

Sources

Financial Supervision Commission Bulgaria
Reviewed: 2026-03-01likely

Frequently Asked Questions

Is crypto legal in Bulgaria?
Cryptocurrency is currently classified as "Legal" in Bulgaria. Bulgaria regulates crypto under MiCA with the Financial Supervision Commission and the Bulgarian National Bank overseeing compliance. Crypto is taxed at the flat 10% personal income rate.
What is the crypto tax rate in Bulgaria?
In Bulgaria, the personal capital gains tax on crypto is 10% flat income tax on crypto gains, and the corporate tax rate is 10% corporate tax on crypto profits. Bulgaria applies its flat 10% personal and corporate income tax rates to crypto gains, making it one of the lowest-tax EU jurisdictions for crypto. Crypto is treated as a financial asset.
Do I need a crypto license in Bulgaria?
Yes, a crypto license is required in Bulgaria. The regulator is Financial Supervision Commission / Bulgarian National Bank under Markets in Crypto-Assets Regulation (MiCA). Estimated licensing cost: $20,000 - $100,000.
Is crypto mining legal in Bulgaria?
Yes, crypto mining is legal in Bulgaria. Electricity costs approximately $0.09/kWh. Mining income is taxed at: 10% corporate tax on crypto profits.
What are the AML/KYC requirements for crypto in Bulgaria?
Yes, crypto businesses in Bulgaria must comply with KYC (Know Your Customer) requirements. The FATF Travel Rule is implemented. FATF compliance status: compliant.