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Ethiopia vs Chad

Crypto regulation comparison

← Back to map | Ethiopia | Chad
Ethiopia

Ethiopia

Chad

Chad

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.

Chad has no specific cryptocurrency regulation. As a CEMAC member, it falls under BEAC oversight.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator National Bank of Ethiopia
Regulator BEAC (Bank of Central African States)
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 national cryptocurrency legislation
  • BEAC provides regional monetary oversight
  • Part of the CEMAC monetary zone with the CFA franc
  • Very limited crypto adoption and infrastructure
  • No licensing framework for crypto businesses
Sources
Sources