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Dominica vs North Korea

Crypto regulation comparison

Dominica

Dominica

North Korea

North Korea

No Regulation
Banned

Dominica has no specific cryptocurrency legislation. No income or capital gains tax. ECCB provides regional monetary oversight.

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 No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Eastern Caribbean Central Bank (ECCB)
Regulator Central Bank of North Korea
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules Not applicable — crypto banned
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 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