Belize vs Monaco
Crypto regulation comparison
Belize
Monaco
No Regulation
Legal
Belize has no specific cryptocurrency legislation. The central bank has not banned crypto. No capital gains tax exists in Belize.
Monaco has no income or capital gains tax. The CCAF oversees financial activities. Monaco has shown interest in blockchain technology and digital assets.
Tax Type
No tax
Tax Type
No tax
Tax Rate
0%
Tax Rate
0%
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Central Bank of Belize
Regulator
Commission de Contrôle des Activités Financières (CCAF)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No specific 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 income or capital gains tax
- CCAF provides financial regulatory oversight
- Government has shown interest in blockchain technology
- Working on digital asset regulatory framework
- Small but active fintech community