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Fiji vs Honduras

Crypto regulation comparison

Fiji

Fiji

Honduras

Honduras

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

Honduras has no specific cryptocurrency legislation. The Central Bank and CNBS have issued warnings about crypto risks but have not banned it. The Special Economic Zone of Prospera on Roatán island adopted Bitcoin as legal tender in its jurisdiction, though this is a unique local arrangement.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Reserve Bank of Fiji
Regulator BCH (Banco Central de Honduras), CNBS
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin-specific 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 national cryptocurrency legislation exists
  • BCH and CNBS issued warnings about risks but no formal ban
  • Prospera (ZEDE on Roatán) recognized Bitcoin as legal tender locally
  • Crypto use exists primarily through peer-to-peer channels
  • No specific tax guidance for cryptocurrency gains