Albania vs Guyana
Crypto regulation comparison
Albania
Guyana
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%.
Guyana has no specific cryptocurrency regulation. The Bank of Guyana has noted crypto is not legal tender but has not banned it. No income or capital gains tax exists.
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 cryptocurrency legislation
- Bank of Guyana warns crypto is not legal tender
- No income or capital gains tax in Guyana
- No licensing framework for crypto businesses
- Limited crypto adoption