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Eritrea vs São Tomé and Príncipe

Crypto regulation comparison

Eritrea

Eritrea

São Tomé and Príncipe

São Tomé and Príncipe

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.

São Tomé and Príncipe has no specific cryptocurrency regulation.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Bank of Eritrea
Regulator Banco Central de São Tomé e Príncipe
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
  • Central bank has not addressed crypto
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services