🇦🇽 Åland Islands

Åland Islands follows the Finnish regulatory framework for virtual currency providers and is subject to the EU Markets in Crypto-Assets Regulation (MiCA), providing a clear and legal environment for crypto activities.

Overview

StatusLegal
Risk Score27/100 (Moderate Risk)
Regioneurope
CurrencyEUR

Tax

VAT on CryptoNo

No specific tax details provided on the regulator page; VAT does not apply to crypto transactions.

Licensing

RequiredYes
RegulatorFIN-FSA
FrameworkMarkets in Crypto-Assets Regulation (MiCA) and Finnish virtual currency provider law
Easemedium
CostN/A

Licensing follows EU MiCA framework and Finnish laws, requiring compliance with standard financial regulations.

DeFi

Status: regulated

DeFi activities are regulated under the EU MiCA framework and Finnish financial regulations.

Stablecoins

Status: regulated

Stablecoins are regulated under the EU Markets in Crypto-Assets Regulation (MiCA).

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity$0.1/kWh
Renewable30%
Infrastructuregood

Mining is legal with moderate electricity costs and a good infrastructure environment.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index85/100
Banking Accessopen

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

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