BTC $67,950.00 (+0.28%)
ETH $1,965.09 (+0.33%)
XRP $1.43 (+1.13%)
BNB $626.43 (+2.51%)
SOL $84.47 (+1.29%)
TRX $0.29 (+0.77%)
DOGE $0.10 (+1.49%)
BCH $566.09 (+1.67%)
ADA $0.28 (+3.08%)
LEO $8.57 (-0.08%)
HYPE $30.28 (+4.40%)
LINK $8.88 (+2.42%)
XMR $330.54 (-1.42%)
CC $0.16 (+1.59%)
XLM $0.16 (+0.85%)
RAIN $0.01 (-2.77%)
ZEC $262.73 (+0.68%)
HBAR $0.10 (+0.45%)
LTC $55.30 (+3.37%)
AVAX $9.15 (-1.03%)

Benin vs Micronesia

Crypto regulation comparison

← Back to map | Benin | Micronesia
Benin

Benin

Micronesia

Micronesia

No Regulation
No Regulation

Benin has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight. The BCEAO has warned against crypto but there is no formal ban.

Micronesia has no specific cryptocurrency regulation. Uses the US dollar as its official currency.

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 Department of Finance and Administration
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific national cryptocurrency legislation
  • BCEAO provides regional monetary and regulatory oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Limited crypto adoption
  • No licensing framework for crypto businesses
Key Points
  • No specific cryptocurrency legislation
  • Uses the US dollar as official currency
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources