Bosnia and Herzegovina vs São Tomé and Príncipe
Crypto regulation comparison
Bosnia and Herzegovina
São Tomé and Príncipe
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%.
São Tomé and Príncipe has no specific cryptocurrency 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
- No specific cryptocurrency legislation
- Central bank has not addressed crypto
- Very limited financial infrastructure
- Minimal crypto adoption
- No licensing framework for crypto services