OKX Banner
BTC $75,779.00 (-1.10%)
ETH $2,071.61 (-0.95%)
BNB $657.08 (+0.11%)
XRP $1.33 (-0.82%)
SOL $83.77 (-0.51%)
TRX $0.37 (+0.73%)
DOGE $0.10 (+0.83%)
HYPE $60.16 (+1.15%)
ZEC $573.02 (-9.38%)
LEO $10.00 (-0.39%)
ADA $0.24 (+0.27%)
RAIN $0.01 (+43.63%)
XMR $380.04 (-0.11%)
BCH $343.34 (-0.95%)
LINK $9.42 (+0.30%)
CC $0.16 (-5.12%)
TON $1.94 (+2.52%)
XLM $0.15 (-0.18%)
SUI $1.01 (-1.39%)
LTC $52.00 (-0.38%)

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

-