Dominica vs Ghana
Crypto regulation comparison
Dominica
Ghana
No Regulation
No Regulation
Dominica has no specific cryptocurrency legislation. No income or capital gains tax. ECCB provides regional monetary oversight.
Ghana has no specific cryptocurrency legislation. The Bank of Ghana has warned citizens about the risks of crypto but has not imposed an outright ban. SEC Ghana has indicated plans to develop a regulatory framework for digital assets, and the country has one of Africa's growing crypto communities.
Tax Type
No tax
Tax Type
Unclear
Tax Rate
0%
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Eastern Caribbean Central Bank (ECCB)
Regulator
Bank of Ghana (BoG), SEC Ghana
Stablecoin Rules
No specific stablecoin regulation
Stablecoin Rules
No stablecoin regulation; Bank of Ghana exploring e-Cedi CBDC
Key Points
- No specific cryptocurrency legislation
- No income or capital gains tax
- ECCB provides regional monetary oversight
- DCash CBDC pilot in the ECCU region
- Limited crypto adoption
Key Points
- No specific cryptocurrency legislation or regulatory framework exists
- Bank of Ghana issued warnings about crypto risks but has not banned it
- SEC Ghana has expressed interest in developing a digital asset framework
- Ghana has high crypto adoption relative to its economy, particularly for P2P trading
- Bank of Ghana has been piloting the e-Cedi CBDC