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Belize vs Micronesia

Crypto regulation comparison

← Back to map | Belize | Micronesia
Belize

Belize

Micronesia

Micronesia

No Regulation
No Regulation

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

Micronesia has no specific cryptocurrency regulation. Uses the US dollar as its official currency.

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 Central Bank of Belize
Regulator Department of Finance and Administration
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
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
Key Points
  • No specific cryptocurrency legislation
  • Uses the US dollar as official currency
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources