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Congo (Republic) vs Monaco

Crypto regulation comparison

Congo (Republic)

Congo (Republic)

Monaco

Monaco

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.

Monaco has no income or capital gains tax. The CCAF oversees financial activities. Monaco has shown interest in blockchain technology and digital assets.

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 Commission de Contrôle des Activités Financières (CCAF)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
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
  • No income or capital gains tax
  • CCAF provides financial regulatory oversight
  • Government has shown interest in blockchain technology
  • Working on digital asset regulatory framework
  • Small but active fintech community