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 | 25/100 (Low 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 |
| Staking Tax | Staking income (Proof-of-Stake) is classified as capital income taxed at 30% (up to €30,000) or 34% (above €30,000). Income is recognised at market value when new staking units are received. Different from PoW mining which is earned income. |
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) (EU Regulation 2023/1114) |
| 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.
Status: Unknown
Status: Unknown
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.
| Sanctions | — |
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.
Yes, licensing is required for VASPs.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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