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Barbados vs Belize

Crypto regulation comparison

← Back to map | Barbados | Belize
Barbados

Barbados

Belize

Belize

Legal
No Regulation

Barbados has a favorable environment for cryptocurrency. With no income or capital gains tax, crypto activities are not specifically taxed. The Financial Services Commission oversees financial markets. Barbados has been exploring blockchain for government services.

Belize has no specific cryptocurrency legislation. The central bank has not banned crypto. No capital gains tax exists in Belize.

Tax Type No tax
Tax Type No tax
Tax Rate 0%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Barbados, Financial Services Commission
Regulator Central Bank of Belize
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No income tax or capital gains tax applies to crypto
  • Financial Services Commission provides general oversight of financial markets
  • Government has explored blockchain for land registry and identity services
  • Crypto businesses operate under general financial services regulations
  • Growing fintech sector with interest in digital asset innovation
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not banned crypto
  • No capital gains tax in Belize
  • Limited crypto adoption and infrastructure
  • No licensing framework for crypto businesses
Sources
Sources