Category: Europe

The Italian legislative landscape for cryptocurrencies experienced significant updates in the years leading up to 2024. These changes marked a notable shift in Italy’s approach to digital assets, aligning with global trends in cryptocurrency regulation. Key Regulatory Developments Introduction of Capital Gains Tax on Cryptocurrency: A pivotal change in...

Before 2023, Estonia was recognized as a forerunner in regulating services related to cryptocurrencies. The country’s approach to cryptocurrency regulation was open, innovative, and in many aspects, more advanced compared to other EU member states. Regulatory Framework and Legal Status: Cryptocurrency exchanges were legal in Estonia and required to...

As the world of cryptocurrency continually evolved, Lithuania emerged as a notable player in shaping regulations for virtual asset service providers (VASPs) within the European Union. By the period leading up to 2024, Lithuania had developed a comprehensive legal framework, primarily focused on anti-money laundering (AML) and counter-terrorist financing...

Before 2023, Finland had developed a structured regulatory framework for cryptocurrencies, balancing legal recognition with rigorous oversight. Legal Status of Cryptocurrencies: Cryptocurrencies were legal in Finland. The Finnish government acknowledged the existence of various digital assets like Bitcoin, Ethereum, Litecoin, Dogecoin, and others. However, it was emphasized that these...