Fiji vs Nauru
Crypto regulation comparison
Fiji
Nauru
Banned
Legal
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
Nauru has no specific cryptocurrency regulation.
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
Command Ridge Virtual Asset Authority (CRVAA)
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
- Very limited financial infrastructure
- Minimal crypto adoption
- One of the world's smallest economies
- No licensing framework for crypto services