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Micronesia vs Syria

Crypto regulation comparison

← Back to map | Micronesia | Syria
Micronesia

Micronesia

Syria

Syria

No Regulation
Banned

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

Syria has a restrictive stance on cryptocurrency compounded by international sanctions. The Central Bank has not authorized crypto activities. International sanctions make access to crypto platforms extremely difficult.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Department of Finance and Administration
Regulator Central Bank of Syria
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
  • Central Bank has not authorized cryptocurrency activities
  • International sanctions severely restrict crypto access
  • No specific cryptocurrency legislation
  • Limited internet infrastructure hampers crypto use
  • Informal crypto usage exists despite restrictions
Sources
Sources