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Grenada vs Palau

Crypto regulation comparison

Grenada

Grenada

Palau

Palau

No Regulation
Legal

Grenada has no specific cryptocurrency legislation. No income or capital gains tax. ECCB provides regional monetary oversight.

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

Tax Type No tax
Tax Type No tax
Tax Rate 0%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Eastern Caribbean Central Bank (ECCB)
Regulator Financial Institutions Commission
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • No income or capital gains tax
  • ECCB provides regional monetary oversight
  • Limited 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