🇫🇮 Finland

Finland has a clear and legal regulatory framework for cryptocurrencies, governed under the Finnish Act on Virtual Currency Providers. The financial supervisory authority, Finanssivalvonta, oversees compliance and risk management in the crypto sector.

Overview

StatusLegal
Risk Score27/100 (Moderate Risk)
Regioneurope
CurrencyEUR
Adoption Rank#35

Tax

Capital Gains (Personal)30% capital gains tax (34% above €30,000 annual gains)
Capital Gains (Corporate)20% corporate tax
VAT on CryptoNo

The regulator page does not specify detailed tax rates or rules for cryptocurrencies, but VAT does not apply to crypto transactions.

Licensing

RequiredYes
RegulatorFIN-FSA
FrameworkFinnish Act on Virtual Currency Providers
Easemedium
Cost$25,000 - $150,000

Licensing is required under the Finnish Act on Virtual Currency Providers, with Finanssivalvonta as the regulator.

DeFi

Status: regulated

DeFi activities are regulated under the existing Finnish crypto regulatory framework, ensuring compliance with AML and consumer protection rules.

Stablecoins

Status: regulated

Stablecoins are regulated under the Finnish Act on Virtual Currency Providers and must comply with AML and licensing requirements.

NFTs

Status: Unclear

MiCA excludes unique NFTs. FIN-FSA follows ESMA classification guidance.

Mining

LegalYes
Electricity$0.075/kWh
Renewable43%
Infrastructuregood

Mining is legal with moderate electricity costs and a significant share of renewable energy. Infrastructure is good for mining operations.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index85/100
Banking Accessopen

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

← Back to Crypto Map