Bhutan vs Solomon Islands
Crypto regulation comparison
Bhutan
Solomon Islands
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.
Solomon Islands has no specific cryptocurrency regulation.
Tax Type
No tax
Tax Type
None
Tax Rate
0%
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Royal Monetary Authority of Bhutan
Regulator
Central Bank of Solomon Islands
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 addressed crypto regulation
- Very limited internet infrastructure
- Minimal crypto adoption
- No licensing framework for crypto services