Finland regulates cryptocurrency under the EU Markets in Crypto-Assets Regulation (MiCA), requiring crypto service providers to obtain EU licenses. The Finnish Financial Supervisory Authority (Finanssivalvonta) oversees compliance, including AML and marketing practices for crypto assets.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | europe |
| Currency | EUR |
| Adoption Rank | #35 |
| Capital Gains (Personal) | 30% capital gains tax |
| Capital Gains (Corporate) | 20% corporate tax on capital gains |
| VAT on Crypto | No |
| Staking Tax | Taxed as income |
| Airdrop Tax | Taxed as income |
Cryptocurrency gains are subject to personal capital gains tax at 30% and corporate tax at 20%. VAT does not apply to crypto transactions. Staking rewards, mining income, and airdrops are taxed as income.
| Required | Yes |
| Regulator | FIN-FSA |
| Framework | Markets in Crypto-Assets Regulation (MiCA) (EU Regulation 2023/1114) |
| Ease | medium |
| Cost (USD) | $25,000 - $150,000 |
Crypto service providers must obtain EU-wide licenses under MiCA, with Finanssivalvonta supervising Finnish entities.
| 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. | |||
FIN-FSA has revoked registrations from non-compliant virtual currency providers and issued warnings about crypto risks.
| Status | Cancelled |
| Name | Avant |
| Issuing Authority | Bank of Finland |
| Model | retail |
| Technology | Toimiraha (Non-DLT) |
| 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 MiCA and related EU regulations, requiring compliance with licensing and AML rules.
Status: regulated
Stablecoins are regulated under MiCA, requiring authorization and compliance with prudential and consumer protection rules.
Status: Unclear
MiCA excludes unique NFTs. FIN-FSA follows ESMA classification guidance.
| Legal | Yes |
| Electricity Cost | $0.075/kWh |
| Renewable Energy | 43% |
| Infrastructure | excellent |
Finland offers favorable conditions for mining with relatively low electricity costs and a high share of renewables. Infrastructure is excellent with strong internet and data center facilities.
| Stability | very_stable |
| Sanctions | No |
| Corruption Index | 85/100 |
| Banking Access | open |
| Sanctions Program Active | Yes |
Finland is politically stable with strong rule of law and low corruption. It is not subject to international sanctions and has an open banking environment favorable for crypto businesses.
Finland regulates cryptocurrency under the EU Markets in Crypto-Assets Regulation (MiCA), requiring crypto service providers to obtain EU licenses. The Finnish Financial Supervisory Authority (Finanssivalvonta) oversees compliance, including AML and marketing practices for crypto assets.
Finland is classified by FATF as: compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-13 · Data source: Soken Crypto Legal Map
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