BTC $68,161.00 (+1.87%)
ETH $1,964.21 (-0.03%)
XRP $1.42 (+0.81%)
BNB $614.18 (+1.13%)
SOL $84.48 (+3.47%)
TRX $0.29 (+1.56%)
DOGE $0.10 (+1.49%)
BCH $555.65 (+1.15%)
ADA $0.28 (+1.75%)
LEO $8.69 (+0.32%)
HYPE $29.62 (+3.66%)
XMR $337.62 (+3.18%)
LINK $8.71 (+1.25%)
CC $0.16 (-2.44%)
XLM $0.16 (+1.52%)
RAIN $0.01 (+1.47%)
ZEC $262.45 (+2.04%)
HBAR $0.10 (+1.46%)
LTC $54.12 (+2.43%)
AVAX $9.30 (+5.19%)

Micronesia vs Palau

Crypto regulation comparison

← Back to map | Micronesia | Palau
Micronesia

Micronesia

Palau

Palau

No Regulation
Legal

Micronesia has no specific cryptocurrency regulation. Uses the US dollar as its official currency.

Palau has explored blockchain technology and launched a stablecoin program in partnership with Ripple. No income or capital gains tax.

Tax Type None
Tax Type No tax
Tax Rate N/A
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Department of Finance and Administration
Regulator Financial Institutions Commission
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Uses the US dollar as official currency
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Key Points
  • Exploring national stablecoin in partnership with Ripple
  • No income or capital gains tax
  • Uses the US dollar as official currency
  • Small but forward-looking approach to digital assets
  • Limited domestic crypto infrastructure
Sources
Sources