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Benin vs Mauritania

Crypto regulation comparison

← Back to map | Benin | Mauritania
Benin

Benin

Mauritania

Mauritania

No Regulation
Restricted

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.

Mauritania has a restrictive stance on cryptocurrency. Islamic finance principles influence the financial regulatory approach. The central bank has warned against crypto use.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator BCEAO (Central Bank of West African States)
Regulator Banque Centrale de Mauritanie
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
  • Central bank has warned against cryptocurrency use
  • Islamic finance principles influence regulatory approach
  • No specific cryptocurrency legislation
  • Limited crypto infrastructure
  • Financial institutions discouraged from dealing in crypto
Sources
Sources