Djibouti vs Liechtenstein
Crypto regulation comparison
Djibouti
Liechtenstein
No Regulation
Legal
Djibouti has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.
Liechtenstein's Blockchain Act (TVTG) effective since 2020 is among the world's most comprehensive crypto frameworks. The FMA supervises registered TT service providers. Adapted for EU MiCAR in 2025.
Tax Type
None
Tax Type
Income
Tax Rate
N/A
Tax Rate
1-8%
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Banque Centrale de Djibouti
Regulator
Financial Market Authority (FMA)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
Regulated under TVTG and MiCAR
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
- Blockchain Act (TVTG) adopted unanimously in 2019, effective Jan 2020
- Token Container Model enables tokenization of any asset or right
- FMA registers and supervises all TT service providers
- EEA MiCAR Implementation Act entered into force Feb 2025
- First country with comprehensive blockchain-specific legislation