Fiji vs Lesotho
Crypto regulation comparison
Fiji
Lesotho
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
Lesotho has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.
Tax Type
Unclear
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
No
Exchanges
Yes
Mining
No
Mining
Yes
Regulator
Reserve Bank of Fiji
Regulator
Central Bank of Lesotho
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No 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
- Central bank has not issued formal crypto guidance
- Part of the Common Monetary Area with South Africa
- Limited crypto adoption
- No licensing framework for crypto services