PANews reported on January 16th that, according to Cryptopolitan, Moldovan Finance Minister Andrian Gavriliță announced the country's plan to introduce cryptocurrency regulations by 2026. As a candidate member of the European Union, Moldova is required to comply with the EU's Crypto Asset Market (MiCA) regulatory framework. The new regulations will clarify the legality of citizens holding, trading, and converting crypto assets and authorize specific institutions to conduct related business. However, cryptocurrencies will not be permitted for payment of goods or services. Regarding taxation, while holding cryptocurrencies will not be taxed, profits from such transactions will be subject to a 12% income tax. The regulations will also include strict anti-money laundering and security risk control measures. Andrian Gavriliță emphasized that the government's goal is to legalize this sector while preventing cryptocurrencies from being used for illicit financing and money laundering activities.


