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BNB $605.49 (-1.78%)
SOL $80.87 (-2.61%)
TRX $0.28 (+0.19%)
DOGE $0.10 (-2.79%)
BCH $546.05 (-2.55%)
ADA $0.27 (-3.72%)
LEO $8.66 (+2.30%)
HYPE $28.24 (-3.08%)
XMR $333.38 (-2.35%)
LINK $8.58 (-2.25%)
CC $0.16 (-4.51%)
XLM $0.16 (-4.08%)
RAIN $0.01 (-2.17%)
ZEC $259.20 (-9.02%)
HBAR $0.10 (-3.69%)
LTC $52.45 (-2.90%)
AVAX $8.80 (-2.80%)

Ecuador vs New Caledonia

Crypto regulation comparison

← Back to map | Ecuador | New Caledonia
Ecuador

Ecuador

New Caledonia

New Caledonia

Partially Regulated
No Data

Ecuador has a complex relationship with cryptocurrency. A 2014 National Assembly resolution banned Bitcoin as legal tender, and the Central Bank prohibits financial institutions from dealing in crypto. However, private ownership and trading of crypto are not explicitly illegal, and peer-to-peer usage exists.

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Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Banco Central del Ecuador, Superintendencia de Bancos
Regulator -
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules -
Key Points
  • 2014 resolution prohibits crypto from being used as legal tender
  • Central Bank bans financial institutions from facilitating crypto transactions
  • Private ownership and P2P trading exist in a legal gray area
  • Ecuador uses the US dollar as its official currency, limiting monetary policy tools
  • No comprehensive crypto regulatory framework in place
Key Points

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Sources
Sources

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