---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "legal"]
aliases: ["AX", "ALA", "Åland"]
created: 2026-06-01
updated: 2025-06-01
compile_into: ["[[country--land-islands]]"]
sources:
  - name: "FIN-FSA"
    url: "https://www.finanssivalvonta.fi"
    type: "official"
---

# 🇦🇽 [[country--land-islands|Åland Islands]] (AX) — Crypto Regulation

> Åland Islands follows the Finnish regulatory framework for virtual currency providers and is subject to the EU Markets in Crypto-Assets Regulation ([[concept--mica|MiCA]]), providing a clear and legal environment for crypto activities.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--eur|EUR]] |

## Tax

| Type | Rate |
|------|------|
| 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 |
| Mining Tax | Taxed as earned income (ansiotulo) at progressive rates (municipal + state income tax, up to ~44% depending on municipality and income level). Income recognized when mining reward is deposited into wallet at market value. Deductible expenses: electricity costs, equipment depreciation. |
| 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.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--fin-fsa|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 |
| Cost | N/A |
| Timeline | N/A months |

Licensing follows EU MiCA framework and Finnish laws, requiring compliance with standard financial regulations.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | <span style="color:var(--text-dim,#888)">&mdash;</span> |
| Travel Rule | <span style="color:var(--text-dim,#888)">&mdash;</span> |
| FATF Member | <span style="color:var(--text-dim,#888)">&mdash;</span> |

## DeFi

**Status:** regulated

DeFi activities are regulated under the EU MiCA framework and Finnish financial regulations.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the EU Markets in Crypto-Assets Regulation (MiCA).

## NFTs

**Status:** no_rules

No specific NFT regulation

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 30% |
| Climate | temperate |
| Infrastructure | good |

Mining is legal with moderate electricity costs and a good infrastructure environment.

## Geopolitics

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

## Enforcement

Enforcement focused on unlicensed operators and consumer protection

## CBDC Status: in_progress

## FAQ

### Is cryptocurrency legal in Åland Islands?

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.

### Are VASPs licensed in Åland Islands?

Yes, licensing is required for VASPs.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-06-01.*

**Sources:**
- [FIN-FSA](https://www.finanssivalvonta.fi)