OKX Banner
BTC $76,035.00 (-1.75%)
ETH $2,074.19 (-2.05%)
BNB $656.46 (-0.75%)
XRP $1.33 (-1.76%)
SOL $83.77 (-2.13%)
TRX $0.37 (+0.77%)
DOGE $0.10 (-1.56%)
HYPE $59.84 (-2.99%)
ZEC $588.01 (-9.60%)
LEO $10.02 (+0.38%)
ADA $0.24 (-2.22%)
RAIN $0.01 (+46.22%)
XMR $378.23 (-1.48%)
BCH $345.90 (-1.65%)
LINK $9.41 (-1.52%)
CC $0.16 (-5.02%)
TON $2.03 (+1.99%)
XLM $0.15 (-1.83%)
SUI $1.01 (-4.27%)
LTC $51.87 (-1.85%)

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

-