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Fiji vs Grenada

Crypto regulation comparison

Fiji

Fiji

Grenada

Grenada

Banned
No Regulation

All cryptocurrency and virtual asset services banned since August 2025; RBF has not licensed any VASP; penalties up to M fine or 14 years imprisonment

Grenada has no specific cryptocurrency legislation. No income or capital gains tax. ECCB provides regional monetary oversight.

Tax Type Unclear
Tax Type No tax
Tax Rate N/A
Tax Rate 0%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Reserve Bank of Fiji
Regulator Eastern Caribbean Central Bank (ECCB)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Reserve Bank warns about crypto risks
  • Crypto not recognized as legal tender
  • Limited crypto adoption
  • No licensing framework for crypto services
Key Points
  • No specific cryptocurrency legislation
  • No income or capital gains tax
  • ECCB provides regional monetary oversight
  • Limited crypto adoption
  • No licensing framework for crypto services