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Bahamas vs Tajikistan

Crypto regulation comparison

Bahamas

Bahamas

Tajikistan

Tajikistan

Legal
Restricted

The Bahamas enacted the Digital Assets and Registered Exchanges (DARE) Act in 2020, creating a comprehensive regulatory framework. The SCB oversees digital asset businesses. The Bahamas also launched the Sand Dollar CBDC.

Tajikistan has restricted cryptocurrency activities. The National Bank has warned against crypto use and financial institutions are prohibited from dealing in digital currencies.

Tax Type No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining No No
Mining No No
Regulator Securities Commission of the Bahamas (SCB)
Regulator National Bank of Tajikistan
Stablecoin Rules Regulated under DARE Act 2024; algorithmic stablecoins banned
Stablecoin Rules No stablecoin regulation
Key Points
  • DARE Act (2020) provides comprehensive regulation for digital assets and exchanges
  • Securities Commission of the Bahamas licenses and supervises digital asset businesses
  • No income tax, capital gains tax, or crypto-specific taxes
  • Sand Dollar CBDC launched in 2020 as one of the world's first
  • FTX collapse in 2022 led to enhanced scrutiny and regulatory updates
Key Points
  • National Bank has warned against cryptocurrency use
  • Financial institutions prohibited from dealing in crypto
  • No specific comprehensive crypto legislation
  • Crypto not recognized as legal tender
  • Limited crypto infrastructure