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Andorra vs Haiti

Crypto regulation comparison

Andorra

Andorra

Haiti

Haiti

Legal
No Regulation

Andorra enacted the Digital Assets Act (Law 24/2022) providing a comprehensive framework for crypto. The AFA licenses exchanges, custodians, and stablecoin issuers. Aligning with EU MiCA.

Haiti has no cryptocurrency regulation. The central bank has not issued specific guidance on crypto. Political and economic instability has limited any regulatory development.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Andorran Financial Authority (AFA)
Regulator Banque de la République d'Haïti (BRH)
Stablecoin Rules Regulated under Digital Assets Act with specific stablecoin licenses
Stablecoin Rules No stablecoin regulation
Key Points
  • Digital Assets Act (Law 24/2022) effective Oct 2022
  • AFA licenses and regulates all digital asset service providers
  • Three categories of stablecoins with specific licensing requirements
  • Low electricity costs make mining attractive
  • Aligning regulations with EU MiCA framework
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued specific crypto guidance
  • Political and economic instability limits regulatory development
  • Crypto used informally, especially for remittances
  • Limited infrastructure for formal crypto services