---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "fatf", "legal"]
aliases: ["AX", "ALA", "Åland"]
created: 2026-09-08
updated: 2025-06-01
compile_into: ["[[country--land-islands]]"]
sources:
  - name: "FIN-FSA"
    url: "https://www.finanssivalvonta.fi"
    type: "official"
  - name: "Finnish Tax Administration: crypto assets"
    url: "https://www.vero.fi/en/individuals/property/investments/virtual-currencies"
    type: "official"
  - name: "taxsummaries.pwc.com"
    url: "https://taxsummaries.pwc.com/quick-charts/corporate-income-tax-cit-rates"
    type: "reference"
  - name: "vero.fi"
    url: "https://www.vero.fi/en/businesses-and-corporations/taxes-and-charges/vat/international-commerce/value-added-taxation-of-imported-goods/%C3%A5land-islands-tax-border-and-importing-goods"
    type: "reference"
---

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

> Åland Islands follows the EU Markets in Crypto-Assets Regulation ([[concept--mica|MiCA]]) and Finnish Act on Crypto Asset Service Providers, requiring crypto service providers to have EU licenses. The regulator Finanssivalvonta monitors crypto marketing and enforces compliance, indicating a clear and regulated crypto environment.

## 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% capital income tax (34% on capital income above EUR 30,000) under Finnish state taxation |
| Capital Gains (Corporate) | 20% Finnish corporate income tax |
| VAT on Crypto | No |

Aland residents are subject to Finnish state income taxation. Crypto gains, including crypto-to-crypto exchanges and payments with crypto, are capital income taxed at 30% (34% above EUR 30,000). Companies pay 20% corporate income tax. Aland lies outside the EU VAT territory, with a tax border to mainland Finland.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--fin-fsa|FIN-FSA]] |
| Framework | Markets in Crypto-Assets Regulation (MiCA) and Finnish Act on Crypto Asset Service Providers (Act 402/2024) |
| Ease | medium |
| Cost | N/A |
| Timeline | N/A months |

Crypto service providers must obtain an EU license to operate in Åland Islands, as it follows Finnish and EU regulations.

## AML / KYC

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

## DeFi

**Status:** regulated

DeFi activities are subject to EU regulations under MiCA and Finnish law, requiring compliance with licensing and AML rules.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the EU MiCA framework applicable in Åland Islands.

## 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 30% renewable energy share; infrastructure is good due to EU standards.

## Geopolitics

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

## Enforcement

Enforcement focused on unlicensed operators and consumer protection

## CBDC Status: in_progress

## FAQ

### Is cryptocurrency legal in Åland Islands?

Åland Islands follows the EU Markets in Crypto-Assets Regulation (MiCA) and Finnish Act on Crypto Asset Service Providers, requiring crypto service providers to have EU licenses. The regulator Finanssivalvonta monitors crypto marketing and enforces compliance, indicating a clear and regulated crypto environment.

### What is the FATF status of Åland Islands?

Åland Islands is classified by FATF as: compliant.

### Are VASPs licensed in Åland Islands?

Yes, licensing is required for VASPs.

### What is the AML/KYC regime in Åland Islands?

KYC is mandatory for crypto businesses.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-09-08.*

**Sources:**
- [FIN-FSA](https://www.finanssivalvonta.fi)
- [Finnish Tax Administration: crypto assets](https://www.vero.fi/en/individuals/property/investments/virtual-currencies)
- [taxsummaries.pwc.com](https://taxsummaries.pwc.com/quick-charts/corporate-income-tax-cit-rates)
- [vero.fi](https://www.vero.fi/en/businesses-and-corporations/taxes-and-charges/vat/international-commerce/value-added-taxation-of-imported-goods/%C3%A5land-islands-tax-border-and-importing-goods)