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Micronesia vs Tuvalu

Crypto regulation comparison

Micronesia

Micronesia

Tuvalu

Tuvalu

No Regulation
No Regulation

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

Tuvalu has no specific cryptocurrency regulation. Uses the Australian dollar.

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 National Bank of Tuvalu
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
  • Uses the Australian dollar
  • Very limited financial and internet infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services