Cape Verde vs Saint Kitts and Nevis
Crypto regulation comparison
Cape Verde
Saint Kitts and Nevis
Legal
Legal
Cape Verde has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.
Saint Kitts and Nevis has taken a crypto-friendly approach. No income or capital gains tax. The country accepts crypto for citizenship by investment.
Tax Type
None
Tax Type
No tax
Tax Rate
N/A
Tax Rate
0%
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Banco de Cabo Verde (BCV)
Regulator
Eastern Caribbean Central Bank (ECCB), Financial Services Regulatory Commission
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No specific stablecoin 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
- Crypto-friendly regulatory approach
- No income or capital gains tax
- Citizenship by investment accepts cryptocurrency
- ECCB provides regional monetary oversight
- Growing digital economy initiatives