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Costa Rica vs Samoa

Crypto regulation comparison

Costa Rica

Costa Rica

Samoa

Samoa

No Regulation
No Regulation

Costa Rica has no specific cryptocurrency legislation. The Central Bank has stated crypto is not legal tender and not backed by the government, but has not prohibited its use. Some businesses accept Bitcoin, and there is a growing crypto community, particularly in tech-focused areas.

Samoa has no specific cryptocurrency regulation. The central bank has cautioned about crypto risks.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator BCCR (Banco Central de Costa Rica), SUGEF
Regulator Central Bank of Samoa
Stablecoin Rules No stablecoin-specific regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific cryptocurrency legislation exists
  • BCCR does not recognize crypto as legal tender but has not banned it
  • Crypto businesses operate in a legal gray area without formal licensing
  • A Bitcoin and crypto community has emerged, especially around tech hubs
  • Tax obligations on crypto gains are unclear due to lack of specific guidance
Key Points
  • No specific cryptocurrency legislation
  • Central bank has cautioned about crypto risks
  • Crypto not recognized as legal tender
  • Limited crypto adoption
  • No licensing framework for crypto services