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SOL $84.96 (+0.65%)
TRX $0.29 (+1.09%)
DOGE $0.10 (-2.87%)
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HYPE $29.66 (-1.92%)
LINK $8.83 (-0.78%)
CC $0.16 (-0.26%)
XMR $323.93 (-2.16%)
XLM $0.16 (-4.05%)
RAIN $0.01 (-2.22%)
HBAR $0.10 (-1.58%)
ZEC $254.80 (-2.82%)
LTC $54.44 (-1.30%)
AVAX $9.01 (-2.03%)

Burundi vs Mongolia

Crypto regulation comparison

← Back to map | Burundi | Mongolia
Burundi

Burundi

Mongolia

Mongolia

No Data
Legal

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Mongolia adopted the Law on Virtual Asset Service Providers (VPSP) in December 2021, establishing a comprehensive regulatory framework. The Financial Regulatory Commission (FRC) registers and supervises crypto exchanges. Over 12 licensed exchanges serve 850,000+ customers. Crypto mining is legal and growing, with tax incentives for renewable energy use.

Tax Type Unclear
Tax Type Income
Tax Rate N/A
Tax Rate 10-25%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator Financial Regulatory Commission (FRC) of Mongolia
Stablecoin Rules -
Stablecoin Rules No specific stablecoin regulation
Key Points

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Key Points
  • Law on Virtual Asset Service Providers (VPSP) adopted December 2021
  • FRC registers and supervises crypto exchanges under VPSP law
  • Over 12 licensed exchanges serving 850,000+ customers
  • Crypto exchange income is taxable and exempt from VAT
  • Mongolia launched blockchain-based OTC securities trading in 2025
Sources

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Sources