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Central African Republic vs Saint Kitts and Nevis

Crypto regulation comparison

Central African Republic

Central African Republic

Saint Kitts and Nevis

Saint Kitts and Nevis

Legal
Legal

The Central African Republic briefly adopted Bitcoin as legal tender in 2022 under the 'Sango' project, but this was struck down by the Constitutional Court. Crypto remains legal but the legal tender status was reversed.

Saint Kitts and Nevis has taken a crypto-friendly approach. No income or capital gains tax. The country accepts crypto for citizenship by investment.

Tax Type None
Tax Type No tax
Tax Rate N/A
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator BEAC (Bank of Central African States)
Regulator Eastern Caribbean Central Bank (ECCB), Financial Services Regulatory Commission
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • Bitcoin was briefly adopted as legal tender in 2022 via the Sango Act
  • Constitutional Court struck down the legal tender provision
  • Crypto trading and holding remain legal
  • BEAC opposed the Bitcoin legal tender move
  • Sango crypto hub project launched but has faced significant challenges
Key Points
  • Crypto-friendly regulatory approach
  • No income or capital gains tax
  • Citizenship by investment accepts cryptocurrency
  • ECCB provides regional monetary oversight
  • Growing digital economy initiatives