Brunei vs Lesotho
Crypto regulation comparison
Brunei
Lesotho
Brunei has no specific cryptocurrency legislation. The BDCB (formerly AMBD) stated in 2017 that crypto is not legal tender and not regulated, warning the public about risks. Crypto is not banned but has no legal protection. No tax guidelines address crypto specifically.
Lesotho has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.
Key Points
- BDCB stated in 2017 that crypto is not legal tender and not regulated
- Crypto not recognized as legal tender
- No specific cryptocurrency legislation
- Financial institutions discouraged from dealing in crypto
- No tax guidelines specifically address cryptocurrency
Key Points
- No specific cryptocurrency legislation
- Central bank has not issued formal crypto guidance
- Part of the Common Monetary Area with South Africa
- Limited crypto adoption
- No licensing framework for crypto services