Azerbaijan vs Falkland Islands (Malvinas)
Crypto regulation comparison
Azerbaijan
Falkland Islands (Malvinas)
Partially Regulated
No Data
Azerbaijan has no specific cryptocurrency legislation but crypto is not banned. Crypto profits are taxable at 14% income tax. The Central Bank is drafting a comprehensive digital asset framework expected by end of 2025, modeled on international best practices. A regulatory sandbox is being developed.
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Tax Type
Income
Tax Type
Unclear
Tax Rate
14%
Tax Rate
N/A
Exchanges
Yes
Exchanges
No
Mining
Yes
Mining
No
Regulator
Central Bank of Azerbaijan
Regulator
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Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
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Key Points
- No specific crypto legislation; operates in legal gray area
- Crypto profits taxable at 14% income tax
- Central Bank drafting comprehensive digital asset framework
- Manat is the only legal tender per 1995 Constitution
- Regulatory sandbox being developed for virtual assets
Key Points
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Sources
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