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Benin vs Timor-Leste

Crypto regulation comparison

← Back to map | Benin | Timor-Leste
Benin

Benin

Timor-Leste

Timor-Leste

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.

Timor-Leste 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 Banco Central de Timor-Leste
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
  • Central bank has not addressed crypto regulation
  • Very limited financial infrastructure
  • Minimal crypto adoption
Sources
Sources