Congo (Republic) vs Kyrgyzstan
Crypto regulation comparison
Congo (Republic)
Kyrgyzstan
No Regulation
Legal
The Republic of Congo has no specific cryptocurrency regulation. As a CEMAC member, it falls under BEAC oversight. BEAC has cautioned about crypto risks.
Kyrgyzstan adopted the Law on Virtual Assets in 2022 requiring licensing for exchanges, mining, and VASPs. Over 120 licensed VASPs operate. Crypto turnover exceeded traditional securities market in 2024.
Tax Type
None
Tax Type
Income
Tax Rate
N/A
Tax Rate
10%
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
BEAC (Bank of Central African States)
Regulator
State Financial Supervision Authority
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
Regulated under Virtual Assets Law
Key Points
- No specific national cryptocurrency legislation
- BEAC provides regional monetary oversight
- Part of the CEMAC monetary zone with the CFA franc
- Limited crypto adoption and infrastructure
- Neighboring CAR briefly adopted Bitcoin as legal tender
Key Points
- Law on Virtual Assets adopted in 2022 with licensing framework
- Over 120 licensed VASPs active by late 2024
- Three license types: trading operator, currency exchanger, mining operator
- Crypto sector contributed 800M KGS in taxes in 2024
- Virtual assets not recognized as legal tender but circulate under special regime