Bosnia and Herzegovina vs Vatican City
Crypto regulation comparison
Bosnia and Herzegovina
Vatican City
Partially Regulated
No Regulation
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%.
Vatican City has no cryptocurrency regulation. The micro-state's financial system is focused on the Holy See's financial activities. ASIF provides financial oversight.
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
ASIF (Supervisory and Financial Information Authority)
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
- No specific cryptocurrency legislation
- ASIF provides financial oversight for the Holy See
- Micro-state with very limited financial market
- No crypto exchanges or services
- AML/CFT framework aligned with international standards