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Bhutan vs Belize

Crypto regulation comparison

← Back to map | Bhutan | Belize
Bhutan

Bhutan

Belize

Belize

Legal
No Regulation

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

Belize has no specific cryptocurrency legislation. The central bank has not banned crypto. No capital gains tax exists in Belize.

Tax Type No tax
Tax Type No tax
Tax Rate 0%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Royal Monetary Authority of Bhutan
Regulator Central Bank of Belize
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
  • No specific cryptocurrency legislation
  • Central bank has not banned crypto
  • No capital gains tax in Belize
  • Limited crypto adoption and infrastructure
  • No licensing framework for crypto businesses
Sources
Sources