BTC $64,618.00 (-4.36%)
ETH $1,851.73 (-5.11%)
XRP $1.35 (-2.64%)
BNB $596.07 (-2.86%)
SOL $77.92 (-5.62%)
TRX $0.28 (-3.09%)
DOGE $0.09 (-2.60%)
BCH $497.93 (-12.65%)
ADA $0.26 (-2.88%)
LEO $8.06 (-1.65%)
HYPE $26.27 (-9.28%)
CC $0.16 (+1.50%)
LINK $8.27 (-4.40%)
XMR $306.27 (-6.53%)
XLM $0.15 (-2.14%)
RAIN $0.01 (-2.55%)
HBAR $0.09 (-2.99%)
ZEC $238.32 (-2.49%)
LTC $51.29 (-3.84%)
AVAX $8.37 (-5.48%)

Azerbaijan vs Maldives

Crypto regulation comparison

← Back to map | Azerbaijan | Maldives
Azerbaijan

Azerbaijan

Maldives

Maldives

Partially Regulated
Restricted

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.

The Maldives Monetary Authority has warned against cryptocurrency and does not recognize it as legal tender. No specific legislation exists but the MMA discourages crypto activities.

Tax Type Income
Tax Type None
Tax Rate 14%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Central Bank of Azerbaijan
Regulator Maldives Monetary Authority (MMA)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
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
  • MMA has warned against cryptocurrency use
  • Crypto not recognized as legal tender
  • No specific cryptocurrency legislation
  • Financial institutions discouraged from dealing in crypto
  • Limited crypto adoption
Sources
Sources