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Barbados vs Dominica

Crypto regulation comparison

← Back to map | Barbados | Dominica
Barbados

Barbados

Dominica

Dominica

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.

Dominica has no specific cryptocurrency legislation. No income or capital gains tax. ECCB provides regional monetary oversight.

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 Eastern Caribbean Central Bank (ECCB)
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No specific 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
  • No income or capital gains tax
  • ECCB provides regional monetary oversight
  • DCash CBDC pilot in the ECCU region
  • Limited crypto adoption
Sources
Sources