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Cuba vs Comoros

Crypto regulation comparison

← Back to map | Cuba | Comoros
Cuba

Cuba

Comoros

Comoros

Legal
Legal

Cuba's Central Bank issued Resolution 215/2021 recognizing virtual assets and establishing a licensing framework for virtual asset service providers (VASPs). The BCC evaluates and grants one-year licenses to VASPs. US sanctions limit access to international platforms but domestic crypto use is formally regulated.

Comoros has no specific cryptocurrency regulation.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Banco Central de Cuba (BCC)
Regulator Banque Centrale des Comores
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • Resolution 215 (2021) allows central bank to license virtual asset service providers
  • Central Bank licenses virtual asset service providers under Resolution 215
  • VASPs must comply with AML/KYC requirements and report to the central bank
  • US sanctions significantly limit access to international crypto platforms
  • Government agencies may not use virtual assets without BCC authorization
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not addressed crypto regulation
  • Very limited internet and financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources