Vavada Banner
BTC $68,068.00 (+2.29%)
ETH $2,067.74 (+4.85%)
XRP $1.44 (+1.28%)
BNB $626.83 (+2.08%)
SOL $87.73 (+3.95%)
TRX $0.29 (+0.27%)
DOGE $0.10 (+0.98%)
ADA $0.29 (+3.76%)
BCH $494.03 (-3.18%)
LEO $8.74 (+0.60%)
HYPE $28.94 (+3.89%)
LINK $9.24 (+3.09%)
XMR $343.04 (+1.53%)
CC $0.17 (+3.02%)
XLM $0.16 (+2.94%)
RAIN $0.01 (+2.47%)
HBAR $0.10 (+2.26%)
LTC $56.21 (+1.24%)
ZEC $243.84 (+0.21%)
AVAX $9.33 (-0.63%)

Angola vs Jamaica

Crypto regulation comparison

← Back to map | Angola | Jamaica
Angola

Angola

Jamaica

Jamaica

No Data
No Regulation

-

Jamaica has no specific cryptocurrency legislation. The Bank of Jamaica does not regulate or endorse crypto but has not banned it. Jamaica launched its own CBDC, JAM-DEX, in 2022 through the National Commercial Bank. Crypto exists in a legal gray area with no dedicated framework.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator BOJ (Bank of Jamaica), FSC
Stablecoin Rules -
Stablecoin Rules BOJ launched JAM-DEX CBDC; no private stablecoin regulation
Key Points

-

Key Points
  • No specific cryptocurrency legislation or regulatory framework
  • BOJ does not recognize crypto as legal tender but has not banned it
  • Jamaica launched the JAM-DEX CBDC in 2022
  • FSC Jamaica has not issued specific guidance on crypto asset regulation
  • Tax treatment of crypto gains is unclear due to lack of specific guidance
Sources

-

Sources