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Antigua and Barbuda vs Namibia

Crypto regulation comparison

Antigua and Barbuda

Antigua and Barbuda

Namibia

Namibia

Legal
Legal

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

Namibia enacted the Virtual Assets Act (Act 10 of 2023) establishing a comprehensive licensing framework for VASPs. The Bank of Namibia is designated as regulator. Crypto is legal but not legal tender. No specific crypto tax framework yet.

Tax Type No tax
Tax Type No framework
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 Bank of Namibia
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules Regulated under Virtual Assets Act
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
  • Virtual Assets Act (Act 10 of 2023) signed into law July 2023
  • VASPs must obtain licenses from Bank of Namibia to operate
  • Provisional licenses granted to first two exchanges in 2025
  • Non-compliance penalties up to NAD 10 million and 10 years imprisonment
  • Crypto is not legal tender but merchants may accept at their discretion