OKX Banner
BTC $63,958.00 (-2.00%)
ETH $1,856.54 (-1.10%)
BNB $564.43 (-0.60%)
XRP $1.09 (-1.50%)
SOL $73.89 (-2.00%)
TRX $0.33 (+0.10%)
HYPE $57.21 (-1.30%)
DOGE $0.07 (+0.30%)
RAIN $0.01 (+0.20%)
LEO $9.71 (+1.30%)
ZEC $478.03 (-4.40%)
XMR $367.14 (+4.70%)
LINK $8.31 (-1.30%)
ADA $0.16 (-2.10%)
XLM $0.18 (-2.40%)
CC $0.12 (-4.70%)
BCH $210.31 (-0.20%)
GRAM $1.47 (+1.00%)
LTC $46.18 (-1.00%)
USDG $1.00 (+0.00%)

Greenland vs Laos

Crypto regulation comparison

Greenland

Greenland

Laos

Laos

No Data
Legal

-

Laos authorized cryptocurrency mining and trading through a 2021 pilot program (PM Notification No. 1158). Six companies were initially licensed, growing to 15+ by 2023. Mining operations must be 100% Lao-owned and use at least 10MW from Électricité du Laos. Two crypto exchanges (LDX, Bitqik) registered with Bank of Lao PDR.

Tax Type Unclear
Tax Type Unclear
Tax Rate N/A
Tax Rate 15% on transaction fees
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator Ministry of Technology and Communications, Bank of the Lao PDR
Stablecoin Rules -
Stablecoin Rules No specific stablecoin regulation; pilot covers BTC, ETH, LTC
Key Points

-

Key Points
  • PM Notification No. 1158 (2021) authorized pilot crypto mining and trading
  • Two licensed exchanges: LDX and Bitqik, registered with Bank of Lao PDR
  • Mining leverages surplus hydroelectric power from Électricité du Laos
  • Mining must be 100% Lao-owned; trading platforms require 51% Lao ownership
  • 15% tax on transaction fees; M security deposit required for exchanges
Sources

-