Ivory Coast vs North Korea
Crypto regulation comparison
Ivory Coast
North Korea
No Regulation
Banned
Ivory Coast has no specific cryptocurrency legislation. As a WAEMU member under BCEAO oversight, it follows regional monetary policy. Growing fintech interest is driving discussions around crypto regulation.
North Korea does not allow civilian cryptocurrency use. The regime has been accused by the UN and US of using state-sponsored hacking to steal cryptocurrency to fund weapons programs.
Tax Type
None
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
No
Mining
Yes
Mining
No
Regulator
BCEAO (Central Bank of West African States)
Regulator
Central Bank of North Korea
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
Not applicable — crypto banned
Key Points
- No specific national cryptocurrency legislation
- BCEAO provides regional monetary and regulatory oversight
- Part of the WAEMU monetary zone using the CFA franc
- Growing fintech sector driving interest in crypto
- No formal licensing framework for crypto businesses
Key Points
- No civilian cryptocurrency use permitted
- State-sponsored crypto theft alleged by UN and US
- Lazarus Group linked to major crypto exchange hacks
- International sanctions restrict all financial activities
- Cryptocurrency used by state actors, not civilians