Bosnia and Herzegovina vs Maldives
Crypto regulation comparison
Bosnia and Herzegovina
Maldives
Partially Regulated
Restricted
Bosnia and Herzegovina has no comprehensive crypto legislation. The Central Bank warns crypto is not legal tender and banks cannot convert crypto to BAM. Crypto trading is legal. A 2024 AML law designates VASPs as obligated entities. Republika Srpska gave crypto legal status as digital records of value in 2022. Corporate tax on crypto is 10%.
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
10%
Tax Rate
N/A
Exchanges
Yes
Exchanges
No
Mining
Yes
Mining
No
Regulator
Central Bank of Bosnia and Herzegovina
Regulator
Maldives Monetary Authority (MMA)
Stablecoin Rules
No specific stablecoin regulation; 2024 AML law covers VASPs
Stablecoin Rules
No stablecoin regulation
Key Points
- No comprehensive crypto legislation at state level
- Central Bank warns crypto is not legal tender; banks cannot convert to BAM
- 2024 AML/CFT law designates VASPs as obligated entities with KYC requirements
- Republika Srpska gave crypto legal status as digital records in 2022
- 10% corporate tax on crypto profits; exchange services VAT exempt
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