---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "north_america", "fatf", "legal"]
aliases: ["GL", "GRL", "Kalaallit Nunaat"]
created: 2026-04-13
updated: 2025-06-01
compile_into: ["[[country--greenland]]"]
sources:
  - name: "Danish Financial Supervisory Authority"
    url: "https://www.finanstilsynet.dk"
    type: "official"
---

# 🇬🇱 [[country--greenland|Greenland]] (GL) — Crypto Regulation

> Greenland follows EU regulations including the Markets in Crypto-Assets Regulation ([[concept--mica|MiCA]]) and maintains a legal framework for cryptocurrency activities. The financial supervisory authority ensures compliance with laws to protect consumers and maintain financial stability.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--north-america|north america]] |
| Currency | [[entity--dkk|DKK]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | Danish tax framework applies; up to 52.06% on crypto gains |
| Capital Gains (Corporate) | Danish corporate tax at 22% |
| VAT on Crypto | No |
| Mining Tax | Danish tax rules apply |
| Staking Tax | Taxable as income |
| Airdrop Tax | Taxable as income |

Danish/Greenlandic tax rules apply. Crypto is taxed as personal income.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | Finanstilsynet (Danish FSA) |
| Framework | Markets in Crypto-Assets Regulation (MiCA) |
| Ease | medium |
| Cost | $30,000 - $200,000 |
| Timeline | 6-12 months |

Licensing and reporting requirements are aligned with EU MiCA and Danish AML Act, with ongoing updates to reporting systems in 2026.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | No |
| FATF Status | fsrb_only |

## DeFi

**Status:** regulated

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

## Stablecoins

**Status:** specific_framework

Stablecoins are regulated under the EU Markets in Crypto-Assets Regulation (MiCA), providing a clear legal framework.

## NFTs

**Status:** Unclear

MiCA NFT provisions apply.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 20% |
| Climate | arid |
| Infrastructure | fair |

Mining is legal with moderate electricity costs and 20% renewable energy. Infrastructure is fair due to remote location and limited data center capacity.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 70/100 |
| Ease of Business | moderate |
| Internet Freedom | free |
| Banking Access | moderate |

## Enforcement

Danish FSA enforcement applies.

## CBDC Status: none

---

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

**Sources:**
- [Danish Financial Supervisory Authority](https://www.finanstilsynet.dk)