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Ghana vs Vatican City

Crypto regulation comparison

Ghana

Ghana

Vatican City

Vatican City

No Regulation
No Regulation

Ghana has no specific cryptocurrency legislation. The Bank of Ghana has warned citizens about the risks of crypto but has not imposed an outright ban. SEC Ghana has indicated plans to develop a regulatory framework for digital assets, and the country has one of Africa's growing crypto communities.

Vatican City has no cryptocurrency regulation. The micro-state's financial system is focused on the Holy See's financial activities. ASIF provides financial oversight.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Bank of Ghana (BoG), SEC Ghana
Regulator ASIF (Supervisory and Financial Information Authority)
Stablecoin Rules No stablecoin regulation; Bank of Ghana exploring e-Cedi CBDC
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific cryptocurrency legislation or regulatory framework exists
  • Bank of Ghana issued warnings about crypto risks but has not banned it
  • SEC Ghana has expressed interest in developing a digital asset framework
  • Ghana has high crypto adoption relative to its economy, particularly for P2P trading
  • Bank of Ghana has been piloting the e-Cedi CBDC
Key Points
  • No specific cryptocurrency legislation
  • ASIF provides financial oversight for the Holy See
  • Micro-state with very limited financial market
  • No crypto exchanges or services
  • AML/CFT framework aligned with international standards