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Cape Verde vs Lebanon

Crypto regulation comparison

← Back to map | Cape Verde | Lebanon
Cape Verde

Cape Verde

Lebanon

Lebanon

Legal
No Regulation

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

Lebanon has no specific cryptocurrency legislation. The Banque du Liban issued a 2014 circular warning financial institutions against dealing with digital currencies, but crypto itself is not banned. Amid the severe economic crisis and banking collapse since 2019, crypto adoption has surged as citizens seek alternatives to the devalued Lebanese pound.

Tax Type None
Tax Type None
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 BDL (Banque du Liban)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No 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
  • BDL Circular 318 (2014) warned banks against dealing in crypto but did not ban it outright
  • No dedicated crypto regulatory framework or licensing regime
  • Severe banking crisis and capital controls have driven crypto adoption
  • Crypto used as a store of value and remittance channel during economic collapse
  • No specific crypto taxation rules in place
Sources
Sources