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Micronesia vs São Tomé and Príncipe

Crypto regulation comparison

← Back to map | Micronesia | São Tomé and Príncipe
Micronesia

Micronesia

São Tomé and Príncipe

São Tomé and Príncipe

No Regulation
No Regulation

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

São Tomé and Príncipe has no specific cryptocurrency regulation.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Department of Finance and Administration
Regulator Banco Central de São Tomé e Príncipe
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No 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
  • No specific cryptocurrency legislation
  • Central bank has not addressed crypto
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources