Åland Islands follows the Finnish regulatory framework for virtual currency providers and is subject to the EU Markets in Crypto-Assets Regulation (MiCA), providing a clear and legal environment for crypto activities.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | europe |
| Currency | EUR |
| Capital Gains (Personal) | 30% (gains up to €30,000); 34% (gains above €30,000). €1,000 annual allowance (gains below this threshold exempt). Deemed acquisition cost method available: 20% of sale price if held <10 years, 40% if held ≥10 years. |
| VAT on Crypto | No |
| Staking Tax | Staking rewards taxed as capital income (pääomatulo) at 30% (up to €30,000) / 34% (above €30,000). Acquisition cost of newly received staking tokens equals market value on receipt date. |
No specific tax details provided on the regulator page; VAT does not apply to crypto transactions.
| Required | Yes |
| Regulator | FIN-FSA |
| Framework | Markets in Crypto-Assets Regulation (MiCA, EU Regulation 2023/1114) and Finnish Act on Crypto Asset Service Providers (Act 402/2024) |
| Ease | medium |
Licensing follows EU MiCA framework and Finnish laws, requiring compliance with standard financial regulations.
Enforcement focused on unlicensed operators and consumer protection
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | member |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: regulated
DeFi activities are regulated under the EU MiCA framework and Finnish financial regulations.
Status: regulated
Stablecoins are regulated under the EU Markets in Crypto-Assets Regulation (MiCA).
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 30% |
| Infrastructure | good |
Mining is legal with moderate electricity costs and a good infrastructure environment.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 85/100 |
| Banking Access | open |
Åland Islands benefits from Finnish governance, stable political environment, and strong regulatory compliance, making it favorable for crypto business.
Åland Islands follows the Finnish regulatory framework for virtual currency providers and is subject to the EU Markets in Crypto-Assets Regulation (MiCA), providing a clear and legal environment for crypto activities.
Åland Islands is classified by FATF as: member.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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