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Cape Verde vs Guatemala

Crypto regulation comparison

← Back to map | Cape Verde | Guatemala
Cape Verde

Cape Verde

Guatemala

Guatemala

Legal
No Regulation

Cape Verde has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.

Guatemala has no specific cryptocurrency regulation. The Banco de Guatemala has stated that crypto is not legal tender and not backed by the central bank, but has not banned its use. Crypto usage exists primarily for remittances from the US-based diaspora.

Tax Type None
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Banco de Cabo Verde (BCV)
Regulator Banguat (Banco de Guatemala), SIB
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin-specific regulation
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Crypto not recognized as legal tender
  • Limited crypto adoption
  • No licensing framework for crypto services
Key Points
  • No specific cryptocurrency legislation exists
  • Banguat has warned that crypto is not legal tender and not government-backed
  • Crypto is neither explicitly legal nor illegal for private use
  • Remittance use case is significant given large diaspora in the US
  • Tax treatment of crypto gains is unclear
Sources
Sources