For example, if a service for selling and buying
Posted: Mon Jan 27, 2025 9:25 am
Cryptocurrency: legal.
Regulator: Financial Supervisory Authority (Finansinspektionen).
Crypto exchanges: legal, regulated.
Sweden has not passed any laws that specifically address cryptocurrencies and crypto-related activities. However, Swedish economic and financial legislation may apply to companies that work with cryptocurrencies, depending on the nature of their activities. Sweden has laws and regulations regarding the provision of financial services, taxation, and anti-money laundering. Cryptocurrency-related activities may fall under any of these categories.
cryptocurrencies falls under the category of financial services, the operator must register with the Financial Conduct Authority, keep records of its transactions, regularly provide information about them to namibia number data the Authority, and take measures to prevent the laundering of criminal proceeds. If the operator does not comply with these requirements and does not undergo the registration procedure, the Financial Conduct Authority may impose a fine or issue an order to cease operations.
In Sweden, the sale of cryptocurrencies is also exempt from VAT, but is subject to capital gains tax - when calculating the taxable amount, only profits are taken into account, and losses are deducted.
Estonia
Cryptocurrency: legal.
Regulator: Financial Intelligence Unit (supervised by the Financial Supervision Authority of Estonia, Finantsinspektsioon, or FSAEE).
Crypto exchange activities: legal.
Estonia is one of the leaders in cryptocurrency regulation and crypto business development. The Estonian approach is centered on a strict regulatory model that encourages the development of “white” crypto business focused on the most secure services within strict requirements.
Regulator: Financial Supervisory Authority (Finansinspektionen).
Crypto exchanges: legal, regulated.
Sweden has not passed any laws that specifically address cryptocurrencies and crypto-related activities. However, Swedish economic and financial legislation may apply to companies that work with cryptocurrencies, depending on the nature of their activities. Sweden has laws and regulations regarding the provision of financial services, taxation, and anti-money laundering. Cryptocurrency-related activities may fall under any of these categories.
cryptocurrencies falls under the category of financial services, the operator must register with the Financial Conduct Authority, keep records of its transactions, regularly provide information about them to namibia number data the Authority, and take measures to prevent the laundering of criminal proceeds. If the operator does not comply with these requirements and does not undergo the registration procedure, the Financial Conduct Authority may impose a fine or issue an order to cease operations.
In Sweden, the sale of cryptocurrencies is also exempt from VAT, but is subject to capital gains tax - when calculating the taxable amount, only profits are taken into account, and losses are deducted.
Estonia
Cryptocurrency: legal.
Regulator: Financial Intelligence Unit (supervised by the Financial Supervision Authority of Estonia, Finantsinspektsioon, or FSAEE).
Crypto exchange activities: legal.
Estonia is one of the leaders in cryptocurrency regulation and crypto business development. The Estonian approach is centered on a strict regulatory model that encourages the development of “white” crypto business focused on the most secure services within strict requirements.