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Antigua and Barbuda vs Micronesia

Crypto regulation comparison

Antigua and Barbuda

Antigua and Barbuda

Micronesia

Micronesia

Legal
No Regulation

Antigua and Barbuda has introduced legislation for digital assets. No income or capital gains tax applies.

Micronesia has no specific cryptocurrency regulation. Uses the US dollar as its official currency.

Tax Type No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Eastern Caribbean Central Bank (ECCB), Financial Services Regulatory Commission
Regulator Department of Finance and Administration
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • Digital asset business legislation enacted
  • No income or capital gains tax
  • ECCB provides regional monetary oversight
  • Government has promoted crypto-friendly policies
  • Citizenship by investment program accepts crypto
Key Points
  • No specific cryptocurrency legislation
  • Uses the US dollar as official currency
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services