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Slovenia Times
Status of Cryptocurrencies in Slovenia
Currently, Slovenia treats cryptocurrencies as virtual currencies, meaning that, according to the Slovenian Act on Payment Services and Systems, they are neither financial instruments nor monetary assets.
In order to meet the latest requirements for fiscal transparency, Slovenia has updated its Anti-Money Laundering Act with explicit reference to cryptocurrencies. The law defines all cryptocurrency exchanges and dealers engaged in the cryptocurrency trade as financial institutions for money laundering purposes. Those entities are therefore required to comply with the transparency rules and compliance procedures applicable to financial institutions.
Cryptocurrency Taxation in Slovenia
In the guidelines issued in 2017, the Financial Administration of Slovenia (FURS) addressed the issue of taxation in relation to capital gains obtained from cryptocurrencies. Taxation of transactions involving bitcoin and other crypt
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