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Burkina Faso vs Nauru

Crypto regulation comparison

← Back to map | Burkina Faso | Nauru
Burkina Faso

Burkina Faso

Nauru

Nauru

No Regulation
Legal

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

Nauru has no specific cryptocurrency regulation.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator BCEAO (Central Bank of West African States)
Regulator Command Ridge Virtual Asset Authority (CRVAA)
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
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • One of the world's smallest economies
  • No licensing framework for crypto services
Sources
Sources