OKX Banner
BTC $79,580.00 (-0.17%)
ETH $2,490.27 (-1.58%)
BNB $706.63 (-0.45%)
XRP $1.42 (-0.99%)
SOL $106.18 (+1.64%)
TRX $0.34 (+0.88%)
HYPE $83.46 (+1.50%)
DOGE $0.09 (-1.96%)
ZEC $788.62 (-0.39%)
RAIN $0.02 (+0.81%)
XMR $469.65 (+5.37%)
LINK $11.66 (-1.59%)
LEO $9.45 (+1.69%)
ADA $0.21 (-2.76%)
XLM $0.18 (-1.92%)
BCH $261.90 (-4.17%)
CC $0.11 (-4.16%)
GRAM $1.40 (-2.58%)
LTC $49.01 (-2.25%)
HBAR $0.08 (-0.92%)

Ethiopia vs New Caledonia

Crypto regulation comparison

← Back to map | Ethiopia | New Caledonia
Ethiopia

Ethiopia

New Caledonia

New Caledonia

Restricted
No Data

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.

-

Tax Type None
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining Yes Yes
Mining No No
Regulator National Bank of Ethiopia
Regulator -
Stablecoin Rules No stablecoin regulation
Stablecoin Rules -
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

-

Sources
Sources

-

OKX Banner