Bulgaria has a clear legal framework for cryptocurrency regulation, aligned with the EU's Markets in Crypto-Assets Regulation (MiCAR) effective since July 2025. The Financial Supervision Commission maintains registries of licensed crypto asset service providers and enforces compliance.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | europe |
| Currency | BGN |
| Adoption Rank | #40 |
| Capital Gains (Personal) | 10% capital gains tax |
| Capital Gains (Corporate) | 10% corporate tax on crypto gains |
| VAT on Crypto | No |
| Staking Tax | Taxed as income at 10% rate |
| Airdrop Tax | Taxed as income at 10% |
Crypto gains are subject to a flat 10% tax rate for both personal and corporate taxpayers. VAT does not apply to crypto transactions.
| Required | Yes |
| Regulator | FSC / BNB |
| Framework | Markets in Crypto-Assets Regulation (MiCAR) / Crypto-Asset Markets Act (Bulgaria, State Gazette No. 54, in force 8 July 2025) |
| Ease | medium |
| Cost (USD) | $20,000 - $100,000 |
Licensing is mandatory for crypto service providers under the national implementation of MiCAR. The process is moderately complex, requiring compliance with EU standards.
| Name | Year | Status | Scope |
| Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA) | 2023 | Active | supranational |
| Establishes a comprehensive EU framework for crypto-asset service providers (CASPs), stablecoin issuers (ART/EMT), and trading platforms; prohibits market abuse in crypto-assets; full application from 30 December 2024. | |||
| Regulation (EU) 2023/1113 on Transfer of Funds and Certain Crypto-Assets (TFR) | 2023 | Active | supranational |
| Extends FATF Travel Rule to crypto-asset transfers; requires CASPs to collect and transmit originator/beneficiary information for all transfers, removing the EUR 1000 threshold; applies from 30 December 2024. | |||
| Council Directive (EU) 2023/2226 (DAC8) | 2023 | Active | supranational |
| Amends Directive 2011/16/EU to require mandatory automatic exchange of information on crypto-asset transactions held by EU tax residents; CASPs must report to national tax authorities from 1 January 2026. | |||
| Regulation (EU) 2022/2554 on Digital Operational Resilience for the Financial Sector (DORA) | 2022 | Active | supranational |
| Mandates ICT risk management, incident reporting, third-party provider oversight, and digital operational resilience testing for financial entities including CASPs covered by MiCA; applies from 17 January 2025. | |||
| Directive (EU) 2018/843 (5th Anti-Money Laundering Directive) | 2018 | Active | supranational |
| First EU directive to bring crypto-asset exchange services and custodian wallet providers within AML/CFT scope; introduced KYC obligations and registration requirements for Virtual Asset Service Providers. | |||
| Directive (EU) 2018/1673 on Combating Money Laundering by Criminal Law (6AMLD) | 2018 | Active | supranational |
| Harmonises criminal-law definitions and penalties for money laundering across EU member states; establishes minimum custodial sentences and corporate liability rules applicable to crypto-related ML offences. | |||
| Regulation (EU) 2024/1624 on Anti-Money Laundering Requirements (AML Regulation) | 2024 | Active | supranational |
| Replaces 5AMLD/6AMLD with a single AML Regulation directly applicable in all member states; tightens KYC/CDD requirements for CASPs and sets EUR 1000 cash-equivalent threshold for crypto transactions; phased application 2027. | |||
| Commission Delegated Regulation (EU) 2024/2795 supplementing MiCA | 2024 | Active | supranational |
| MiCA Level 2 delegated act setting regulatory technical standards on information requirements and procedures for competent authority notifications under MiCA; part of the MiCA implementation package applicable from December 2024. | |||
Enforcement has been limited. NRA has focused on AML registration compliance. The government seized significant Bitcoin from criminal operations in prior years.
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: regulated
DeFi activities fall under the scope of MiCAR and are regulated accordingly, requiring compliance with licensing and AML rules.
Status: regulated
Stablecoins are regulated under MiCAR, requiring authorization and compliance with prudential and consumer protection rules.
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.092/kWh |
| Renewable Energy | 23% |
| Infrastructure | good |
Mining is legal and supported by moderate electricity costs and decent infrastructure. Renewable energy share is moderate, aiding sustainability.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 43/100 |
| Banking Access | open |
| Sanctions Program Active | No |
Risk Factors
Bulgaria is politically stable with moderate corruption levels. It benefits from EU membership, providing regulatory alignment and access to banking for crypto businesses. Risks include regional geopolitical tensions and evolving EU crypto regulations.
Recent Political Events
Bulgaria has a clear legal framework for cryptocurrency regulation, aligned with the EU's Markets in Crypto-Assets Regulation (MiCAR) effective since July 2025. The Financial Supervision Commission maintains registries of licensed crypto asset service providers and enforces compliance.
Bulgaria is classified by FATF as: compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
Soken combines Web3 security engineering and crypto-legal counsel — two specialised tracks, one team. Pick the side that matches your need.
VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.
Explore Legal Services → IT & SecuritySmart-contract audits, penetration testing, Web3 development, AI/LLM security audits.
Explore IT Services →Last reviewed: 2026-09-09 · Data source: Soken Crypto Legal Map
← Back to Crypto Map