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Andorra vs New Caledonia

Crypto regulation comparison

← Back to map | Andorra | New Caledonia
Andorra

Andorra

New Caledonia

New Caledonia

Legal
No Data

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.

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Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Andorran Financial Authority (AFA)
Regulator -
Stablecoin Rules Regulated under Digital Assets Act with specific stablecoin licenses
Stablecoin Rules -
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

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Sources
Sources

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