Belize vs Laos
Crypto regulation comparison
Belize
Laos
No Regulation
Legal
Belize has no specific cryptocurrency legislation. The central bank has not banned crypto. No capital gains tax exists in Belize.
Laos authorized cryptocurrency mining and trading through a 2021 pilot program (PM Notification No. 1158). Six companies were initially licensed, growing to 15+ by 2023. Mining operations must be 100% Lao-owned and use at least 10MW from Électricité du Laos. Two crypto exchanges (LDX, Bitqik) registered with Bank of Lao PDR.
Tax Type
No tax
Tax Type
Unclear
Tax Rate
0%
Tax Rate
15% on transaction fees
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Central Bank of Belize
Regulator
Ministry of Technology and Communications, Bank of the Lao PDR
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No specific stablecoin regulation; pilot covers BTC, ETH, LTC
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
- PM Notification No. 1158 (2021) authorized pilot crypto mining and trading
- Two licensed exchanges: LDX and Bitqik, registered with Bank of Lao PDR
- Mining leverages surplus hydroelectric power from Électricité du Laos
- Mining must be 100% Lao-owned; trading platforms require 51% Lao ownership
- 15% tax on transaction fees; M security deposit required for exchanges