Albania vs Ivory Coast
Crypto regulation comparison
Albania
Ivory Coast
Legal
No Regulation
Albania adopted Law No. 66/2020 on Financial Markets Based on Distributed Ledger Technology, establishing a comprehensive licensing framework for crypto activities. The AMF and AKSHI jointly supervise. A 2022 licensing regime allows five types of DLT licenses. Crypto profits taxed at 15% capital gains; mining income taxed at 0-23%.
Ivory Coast has no specific cryptocurrency legislation. As a WAEMU member under BCEAO oversight, it follows regional monetary policy. Growing fintech interest is driving discussions around crypto regulation.
Tax Type
Capital gains
Tax Type
None
Tax Rate
15%
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Financial Supervisory Authority of Albania (AMF)
Regulator
BCEAO (Central Bank of West African States)
Stablecoin Rules
No specific stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- Law on Financial Markets Based on DLT adopted in 2020
- Five types of DLT licenses: exchange, agent, custody, collective investment, innovative service
- Crypto profits taxed at 15% capital gains; mining at 0-23% income rates
- AML/KYC requirements apply to crypto service providers
- Albania remains on FATF grey list for AML/CFT monitoring
Key Points
- No specific national cryptocurrency legislation
- BCEAO provides regional monetary and regulatory oversight
- Part of the WAEMU monetary zone using the CFA franc
- Growing fintech sector driving interest in crypto
- No formal licensing framework for crypto businesses