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HYPE $28.62 (-1.83%)
LINK $8.60 (-3.28%)
CC $0.16 (-3.46%)
XMR $325.78 (-5.12%)
XLM $0.16 (-4.66%)
RAIN $0.01 (-5.06%)
ZEC $256.87 (-9.70%)
HBAR $0.10 (-3.26%)
LTC $52.85 (-2.33%)
AVAX $8.84 (-3.02%)

Djibouti vs Dominican Republic

Crypto regulation comparison

← Back to map | Djibouti | Dominican Republic
Djibouti

Djibouti

Dominican Republic

Dominican Republic

No Regulation
Restricted

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

The Dominican Republic has no specific cryptocurrency legislation. The central bank (BCRD) issued statements in 2017 and 2021 warning that crypto is not legal tender and prohibiting regulated financial institutions from dealing in digital assets under Monetary Law No. 183-02. Individual use is not criminalized but operates in a restricted gray area.

Tax Type None
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator Banque Centrale de Djibouti
Regulator Banco Central de la República Dominicana (BCRD), SIMV
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No 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 and infrastructure
  • No licensing framework for crypto services
Key Points
  • No specific cryptocurrency legislation exists
  • BCRD prohibits regulated financial institutions from dealing in crypto
  • Crypto is not recognized as legal tender
  • No licensing framework for crypto exchanges
  • Crypto gains treated as taxable income when converted to Dominican pesos
Sources
Sources