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Congo (Democratic Republic) vs Syria

Crypto regulation comparison

← Back to map | Congo (Democratic Republic) | Syria
Congo (Democratic Republic)

Congo (Democratic Republic)

Syria

Syria

Banned
Banned

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.

Syria has a restrictive stance on cryptocurrency compounded by international sanctions. The Central Bank has not authorized crypto activities. International sanctions make access to crypto platforms extremely difficult.

Tax Type None
Tax Type None
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 Central Bank of Syria
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
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
  • Central Bank has not authorized cryptocurrency activities
  • International sanctions severely restrict crypto access
  • No specific cryptocurrency legislation
  • Limited internet infrastructure hampers crypto use
  • Informal crypto usage exists despite restrictions
Sources
Sources