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Congo (Democratic Republic) vs New Caledonia

Crypto regulation comparison

Congo (Democratic Republic)

Congo (Democratic Republic)

New Caledonia

New Caledonia

Banned
No Data

The BCC has explicitly banned cryptocurrencies in the DRC. Bitcoin and all virtual currencies are neither regulated nor authorized. The BCC has warned against pyramid schemes using crypto.

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Tax Type None
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Banque Centrale du Congo
Regulator -
Stablecoin Rules No stablecoin regulation
Stablecoin Rules -
Key Points
  • BCC explicitly prohibits all cryptocurrency activity
  • Virtual currencies are neither regulated nor authorized to operate
  • BCC warns of high risks of cybercrime and money laundering
  • Unauthorized crypto investment schemes have been shut down
  • No licensing framework exists for crypto service providers
Key Points

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Sources

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