LightningStrike
Thu Jun 06 2024
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7 answers
1699
Is Sweden crypto friendly?｜. At the moment, Sweden does not have any crypto-specific legislation for average traders. As with other assets in Sweden, crypto profits are liable to a flat rate of 30% capital gains tax, while losses are deductible for up to 70%.Crypto is legal in Sweden and recognized as a tradeable asset rather than a currency
Could you please elaborate on Sweden's stance towards cryptocurrency? As I understand, Sweden doesn't have crypto-specific laws for regular traders. Does this mean it's generally crypto-friendly? Also, I'm curious about the tax implications. How does Sweden tax crypto profits? Are losses treated similarly? And how does Sweden view crypto assets, are they considered currencies or tradable assets?
