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Benin vs São Tomé and Príncipe

Crypto regulation comparison

Benin

Benin

São Tomé and Príncipe

São Tomé and Príncipe

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.

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 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
  • Central bank has not addressed crypto
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services