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Eritrea vs Guyana

Crypto regulation comparison

Eritrea

Eritrea

Guyana

Guyana

Restricted
No Regulation

Eritrea has a highly restrictive financial environment. The government tightly controls the economy and financial system. No crypto activities are formally permitted.

Guyana has no specific cryptocurrency regulation. The Bank of Guyana has noted crypto is not legal tender but has not banned it. No income or capital gains tax exists.

Tax Type None
Tax Type No tax
Tax Rate N/A
Tax Rate 0%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Bank of Eritrea
Regulator Bank of Guyana
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • Highly restrictive financial environment
  • Government tightly controls the economy
  • No specific cryptocurrency legislation
  • Very limited internet access
  • No formal crypto services or exchanges
Key Points
  • No specific cryptocurrency legislation
  • Bank of Guyana warns crypto is not legal tender
  • No income or capital gains tax in Guyana
  • No licensing framework for crypto businesses
  • Limited crypto adoption