BTC $63,283.00 (-4.57%)
ETH $1,826.02 (-4.58%)
XRP $1.33 (-4.45%)
BNB $588.81 (-3.06%)
SOL $76.74 (-4.35%)
TRX $0.28 (-2.69%)
DOGE $0.09 (-5.04%)
BCH $479.32 (-11.47%)
ADA $0.26 (-4.81%)
LEO $7.93 (-2.00%)
HYPE $26.55 (-4.25%)
CC $0.16 (-0.90%)
XMR $324.24 (+0.20%)
LINK $8.18 (-3.82%)
XLM $0.15 (-4.29%)
RAIN $0.01 (+1.48%)
HBAR $0.09 (-3.20%)
LTC $50.75 (-3.81%)
ZEC $233.95 (-5.06%)
AVAX $8.27 (-4.67%)

Azerbaijan vs Timor-Leste

Crypto regulation comparison

Azerbaijan

Azerbaijan

Timor-Leste

Timor-Leste

Partially Regulated
No Regulation

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.

Timor-Leste has no specific cryptocurrency regulation. Uses the US dollar as its official currency.

Tax Type Income
Tax Type None
Tax Rate 14%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Azerbaijan
Regulator Banco Central de Timor-Leste
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
  • No specific cryptocurrency legislation
  • Uses the US dollar as official currency
  • Central bank has not addressed crypto regulation
  • Very limited financial infrastructure
  • Minimal crypto adoption