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Burkina Faso vs Monaco

Crypto regulation comparison

← Back to map | Burkina Faso | Monaco
Burkina Faso

Burkina Faso

Monaco

Monaco

No Regulation
Legal

Burkina Faso has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

Monaco has no income or capital gains tax. The CCAF oversees financial activities. Monaco has shown interest in blockchain technology and digital assets.

Tax Type None
Tax Type No tax
Tax Rate N/A
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator BCEAO (Central Bank of West African States)
Regulator Commission de Contrôle des Activités Financières (CCAF)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific 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 income or capital gains tax
  • CCAF provides financial regulatory oversight
  • Government has shown interest in blockchain technology
  • Working on digital asset regulatory framework
  • Small but active fintech community
Sources
Sources