Ethiopia vs Haiti
Crypto regulation comparison
Ethiopia
Haiti
Restricted
No Regulation
Ethiopia's Proclamation No. 1359/2024 explicitly prohibits cryptocurrency for payment transactions but allows the NBE to issue future guidelines on digital assets. Crypto mining is legal and actively growing, with Ethiopia emerging as a major Bitcoin mining destination leveraging hydroelectric power. A comprehensive regulatory framework is under development.
Haiti has no cryptocurrency regulation. The central bank has not issued specific guidance on crypto. Political and economic instability has limited any regulatory development.
Tax Type
None
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
No
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
National Bank of Ethiopia
Regulator
Banque de la République d'Haïti (BRH)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No stablecoin regulation
Key Points
- Proclamation No. 1359/2024 prohibits cryptocurrency for payment transactions
- NBE authorized to issue future directives on crypto assets and CBDCs
- Crypto mining is legal and rapidly expanding, leveraging hydroelectric power
- Ethiopia has become one of the fastest-growing Bitcoin mining destinations globally
- Comprehensive digital asset regulatory framework under development
Key Points
- No specific cryptocurrency legislation
- Central bank has not issued specific crypto guidance
- Political and economic instability limits regulatory development
- Crypto used informally, especially for remittances
- Limited infrastructure for formal crypto services