---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "fatf", "legal"]
aliases: ["FI", "FIN", "Suomi"]
created: 2026-04-13
updated: 2026-01-10
compile_into: ["[[country--finland]]"]
sources:
  - name: "FIN-FSA"
    url: "https://www.finanssivalvonta.fi"
    type: "official"
  - name: "EU [[concept--mica|MiCA]] Regulation"
    url: "https://eur-lex.europa.eu"
    type: "official"
---

# 🇫🇮 [[country--finland|Finland]] (FI) — Crypto Regulation

> 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.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 27/100 (Moderate Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--eur|EUR]] |
| Adoption Rank | #35 |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | 30% capital gains tax (34% above €30,000 annual gains) |
| Capital Gains (Corporate) | 20% corporate tax |
| VAT on Crypto | No |

The regulator page does not specify detailed tax rates or rules for cryptocurrencies, but VAT does not apply to crypto transactions.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--fin-fsa|FIN-FSA]] |
| Framework | Markets in Crypto-Assets Regulation (MiCA); Finnish Act on Virtual Currency Providers |
| Ease | medium |
| Cost | $25,000 - $150,000 |
| Timeline | 4-10 months |

Licensing is required under the Finnish Act on Virtual Currency Providers, with Finanssivalvonta as the regulator.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | Yes |
| FATF Status | compliant |

## DeFi

**Status:** regulated

DeFi activities are regulated under the existing Finnish crypto regulatory framework, ensuring compliance with AML and consumer protection rules.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the Finnish Act on Virtual Currency Providers and must comply with AML and licensing requirements.

## NFTs

**Status:** Unclear

MiCA excludes unique NFTs. FIN-FSA follows ESMA classification guidance.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.075/kWh |
| Renewable Energy | 43% |
| Climate | temperate |
| Infrastructure | good |

Mining is legal with moderate electricity costs and a significant share of renewable energy. Infrastructure is good for mining operations.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 85/100 |
| Ease of Business | easy |
| Internet Freedom | free |
| Banking Access | open |

## Enforcement

FIN-FSA has revoked registrations from non-compliant virtual currency providers and issued warnings about crypto risks.

## CBDC Status: exploring

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [FIN-FSA](https://www.finanssivalvonta.fi)
- [EU MiCA Regulation](https://eur-lex.europa.eu)