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.
| Status | Legal |
| Risk Score | 27/100 (Moderate Risk) |
| Region | europe |
| Currency | EUR |
| Adoption Rank | #35 |
| Capital Gains (Personal) | 30% capital gains tax (34% above €30,000 annual gains) |
| Capital Gains (Corporate) | 20% corporate tax |
| VAT on Crypto | No |
The regulator page does not specify detailed tax rates or rules for cryptocurrencies, but VAT does not apply to crypto transactions.
| Required | Yes |
| Regulator | FIN-FSA |
| Framework | Markets in Crypto-Assets Regulation (MiCA); Finnish Act on Virtual Currency Providers |
| Ease | medium |
| Cost (USD) | $25,000 - $150,000 |
Licensing is required under the Finnish Act on Virtual Currency Providers, with Finanssivalvonta as the regulator.
FIN-FSA has revoked registrations from non-compliant virtual currency providers and issued warnings about crypto risks.
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: regulated
DeFi activities are regulated under the existing Finnish crypto regulatory framework, ensuring compliance with AML and consumer protection rules.
Status: regulated
Stablecoins are regulated under the Finnish Act on Virtual Currency Providers and must comply with AML and licensing requirements.
Status: Unclear
MiCA excludes unique NFTs. FIN-FSA follows ESMA classification guidance.
| Legal | Yes |
| Electricity Cost | $0.075/kWh |
| Renewable Energy | 43% |
| Infrastructure | good |
Mining is legal with moderate electricity costs and a significant share of renewable energy. Infrastructure is good for mining operations.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 85/100 |
| Banking Access | open |
Finland offers a stable political environment with strong rule of law, high transparency, and open banking access for crypto businesses.
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Explore IT Services →Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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