BTC $67,795.00 (+1.15%)
ETH $1,956.71 (-1.15%)
XRP $1.42 (-0.33%)
BNB $611.22 (-0.13%)
SOL $83.64 (+1.64%)
TRX $0.28 (+1.11%)
DOGE $0.10 (+0.40%)
BCH $562.93 (+0.13%)
ADA $0.27 (-0.57%)
LEO $8.60 (-0.53%)
HYPE $29.29 (+1.74%)
XMR $333.71 (+1.55%)
LINK $8.64 (-0.78%)
CC $0.16 (-2.41%)
XLM $0.16 (-0.03%)
RAIN $0.01 (+2.97%)
ZEC $264.31 (+0.44%)
HBAR $0.10 (-0.44%)
LTC $53.46 (+0.28%)
AVAX $9.09 (+2.16%)

Bhutan vs Nicaragua

Crypto regulation comparison

Bhutan

Bhutan

Nicaragua

Nicaragua

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.

Nicaragua regulates virtual assets under Law 1072 (2021) and BCN resolution CD-BCN-XXV-1-22 (2022). VASPs must be licensed by BCN. Crypto gains taxed at 15% capital gains rate.

Tax Type No tax
Tax Type Capital gains
Tax Rate 0%
Tax Rate 15%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Royal Monetary Authority of Bhutan
Regulator Banco Central de Nicaragua (BCN)
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
  • Law 1072 (2021) defines virtual assets and regulates VASPs
  • BCN is designated as the licensing and supervisory authority
  • Banks are legally permitted to offer virtual asset services
  • Capital gains taxed at 15% on crypto profits
  • Government monitors virtual transactions exceeding ,000 since 2025