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Burkina Faso vs São Tomé and Príncipe

Crypto regulation comparison

Burkina Faso

Burkina Faso

São Tomé and Príncipe

São Tomé and Príncipe

No Regulation
No Regulation

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

São Tomé and Príncipe 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 Banco Central de São Tomé e Príncipe
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 addressed crypto
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services