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Antigua and Barbuda vs Somalia

Crypto regulation comparison

← Back to map | Antigua and Barbuda | Somalia
Antigua and Barbuda

Antigua and Barbuda

Somalia

Somalia

Legal
No Regulation

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

Somalia has no specific cryptocurrency regulation. The fragmented governance structure makes unified regulation extremely difficult. Mobile money dominates the financial landscape.

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 Central Bank of Somalia
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
  • Fragmented governance limits regulatory development
  • Mobile money dominates informal financial system
  • Very limited formal financial infrastructure
  • No licensing framework for crypto services
Sources
Sources