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Cape Verde vs North Korea

Crypto regulation comparison

← Back to map | Cape Verde | North Korea
Cape Verde

Cape Verde

North Korea

North Korea

Legal
Banned

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

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 Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Banco de Cabo Verde (BCV)
Regulator Central Bank of North Korea
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Not applicable — crypto banned
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 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
Sources
Sources