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Micronesia vs Samoa

Crypto regulation comparison

Micronesia

Micronesia

Samoa

Samoa

No Regulation
No Regulation

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

Samoa has no specific cryptocurrency regulation. The central bank has cautioned about crypto risks.

Tax Type None
Tax Type Unclear
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 Central Bank of Samoa
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 cautioned about crypto risks
  • Crypto not recognized as legal tender
  • Limited crypto adoption
  • No licensing framework for crypto services