🇵🇹 Lisbon City

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

Overview

Statuscrypto_friendly
Risk Score15/100 (Low Risk)
Regioneurope
CurrencyEUR

Tax Information

Capital Gains (Personal)28% flat (short-term, <365 days, Category G); 0% exempt (long-term, >365 days) for personal investors not dealing with tax havens
Capital Gains (Corporate)21% IRC
VAT on CryptoNo
Staking TaxCategory E (investment/capital income) at 28% flat rate for occasional staking rewards; Category B (progressive) if staking is a professional/regular activity. Taxation deferred until conversion to fiat if received in crypto-assets.
Airdrop TaxNo specific guidance

No crypto-specific tax guidance available.

Licensing & Registration

RequiredYes
RegulatorBanco de Portugal (BdP) — CASP authorization, stablecoin (ART/EMT) supervision, prudential oversight; CMVM — market conduct, non-stablecoin crypto-assets, market abuse
FrameworkMiCA (Regulation EU 2023/1114) + Law 69/2025 (MiCAR implementation) + Law 70/2025 (TFR implementation) + Law 83/2017 (AML/CFT, amended)

Enforcement Activity

Level: Low

No significant enforcement actions reported; jurisdiction actively encourages crypto business

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: Legal

No specific DeFi regulation; generally permissive environment

Stablecoins

Status: regulated

Stablecoins fully regulated under MiCA framework transposed into Portuguese law (Law 69/2025). ARTs and EMTs require BdP authorization/registration. No specific stablecoin framework existed prior to MiCA.

NFTs

Status: no_rules

No specific NFT regulation; generally permitted

Mining

LegalYes
Electricity Cost$0.15/kWh
Renewable Energy30%
Infrastructuregood

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

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index62/100
Banking Accessopen

Portugal is politically stable with no international sanctions, good internet freedom, and relatively low corruption, making it favorable for crypto businesses.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Lisbon?

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

What is the FATF status of Lisbon?

Lisbon is classified by FATF as: compliant.

Are VASPs licensed in Lisbon?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Lisbon?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

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