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Congo (Democratic Republic) vs Norway

Crypto regulation comparison

Congo (Democratic Republic)

Congo (Democratic Republic)

Norway

Norway

Banned
Legal

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.

Cryptocurrency is legal in Norway and regulated by Finanstilsynet. Norway taxes crypto capital gains at 22% and includes crypto holdings in the annual wealth tax calculation (net wealth above NOK 1.7M taxed at ~1.1%). VASPs must register with Finanstilsynet. Norway is an EEA member and aligning with MiCA through the EEA agreement.

Tax Type None
Tax Type Wealth and capital gains
Tax Rate N/A
Tax Rate 22% (gains) + 1.1% (wealth)
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Banque Centrale du Congo
Regulator Finanstilsynet (Financial Supervisory Authority)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific stablecoin regulation; general financial rules apply
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
  • Crypto capital gains taxed at 22% flat rate
  • Crypto included in wealth tax base (~1.1% on net wealth above threshold)
  • VASPs must register with Finanstilsynet and comply with AML/CFT requirements
  • Norway is a major crypto mining hub due to cheap hydroelectric power
  • EEA member; MiCA implementation expected through EEA Agreement adaptation