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Central African Republic vs Vatican City

Crypto regulation comparison

Central African Republic

Central African Republic

Vatican City

Vatican City

Legal
No Regulation

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.

Vatican City has no cryptocurrency regulation. The micro-state's financial system is focused on the Holy See's financial activities. ASIF provides financial oversight.

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 BEAC (Bank of Central African States)
Regulator ASIF (Supervisory and Financial Information Authority)
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No 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
  • No specific cryptocurrency legislation
  • ASIF provides financial oversight for the Holy See
  • Micro-state with very limited financial market
  • No crypto exchanges or services
  • AML/CFT framework aligned with international standards