OKX Banner
BTC $64,462.00 (+2.28%)
ETH $1,802.90 (+3.22%)
BNB $575.20 (+0.80%)
XRP $1.11 (+1.07%)
SOL $79.02 (+1.17%)
TRX $0.33 (-0.15%)
HYPE $68.85 (+1.47%)
DOGE $0.07 (+2.47%)
RAIN $0.01 (-0.71%)
LEO $9.49 (-0.17%)
ZEC $509.14 (+8.42%)
XLM $0.19 (+4.94%)
ADA $0.17 (-0.47%)
XMR $321.01 (+1.42%)
LINK $7.98 (+3.06%)
CC $0.13 (-0.06%)
BCH $253.82 (+6.89%)
GRAM $1.66 (+4.40%)
LTC $44.60 (+1.24%)
USDG $1.00 (-0.08%)

Bhutan vs Botswana

Crypto regulation comparison

← Back to map | Bhutan | Botswana
Bhutan

Bhutan

Botswana

Botswana

Legal
Legal

Bhutan has quietly become a significant Bitcoin miner through its government investment arm, Druk Holding & Investments, leveraging hydroelectric power. No tax on crypto.

Botswana passed the Virtual Assets Act in 2022, first African country to issue crypto licenses. NBFIRA supervises VASPs. 4 licensed entities as of 2024. Penalties up to P250,000 or 5 years imprisonment.

Tax Type No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Royal Monetary Authority of Bhutan
Regulator Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • Government entity Druk Holding & Investments mines Bitcoin
  • Hydroelectric power used for mining operations
  • No income or capital gains tax in Bhutan
  • Royal Monetary Authority provides oversight
  • One of the few countries with state-level crypto mining operations
Key Points
  • Virtual Assets Act enacted in 2022, effective Feb 22, 2022
  • First African country to issue crypto licenses via NBFIRA
  • 4 licensed VASPs as of December 2024
  • Bank of Botswana assesses domestic crypto risks as minimal
  • Unregistered crypto dealers face fines up to P250,000 or imprisonment
Sources
Sources
OKX Banner