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Bhutan vs Tunisia

Crypto regulation comparison

Bhutan

Bhutan

Tunisia

Tunisia

Legal
Restricted

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

Tunisia restricts cryptocurrency activities. The Central Bank of Tunisia has not authorized any crypto exchanges, and foreign exchange regulations effectively prohibit crypto transactions. Tunisia's strict capital controls make legal crypto trading very difficult. Despite restrictions, some Tunisians access crypto via P2P platforms and VPNs.

Tax Type No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Royal Monetary Authority of Bhutan
Regulator BCT (Banque Centrale de Tunisie)
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No regulation; crypto activities restricted
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
  • BCT has not authorized or licensed any crypto exchanges
  • Foreign exchange regulations effectively prohibit crypto transactions
  • Strict capital controls limit the ability to legally purchase crypto
  • No specific crypto legislation — restrictions stem from existing financial laws
  • Some informal P2P crypto activity exists despite restrictions