Burkina Faso vs Lesotho
Crypto regulation comparison
Burkina Faso
Lesotho
No Regulation
No Regulation
Burkina Faso has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.
Lesotho has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.
Tax Type
None
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
BCEAO (Central Bank of West African States)
Regulator
Central Bank of Lesotho
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- No specific national cryptocurrency legislation
- BCEAO provides regional monetary oversight
- Part of the WAEMU monetary zone using the CFA franc
- Political instability limits regulatory development
- Minimal crypto adoption
Key Points
- No specific cryptocurrency legislation
- Central bank has not issued formal crypto guidance
- Part of the Common Monetary Area with South Africa
- Limited crypto adoption
- No licensing framework for crypto services