OKX Banner
BTC $65,136.00 (-1.20%)
ETH $1,903.66 (-1.10%)
BNB $568.49 (-0.20%)
XRP $1.11 (-1.30%)
SOL $76.90 (-0.70%)
TRX $0.33 (-1.00%)
HYPE $59.93 (+1.30%)
DOGE $0.07 (-1.70%)
RAIN $0.01 (-3.30%)
LEO $9.72 (+0.00%)
ZEC $517.33 (+0.20%)
XMR $350.84 (-0.80%)
ADA $0.17 (+0.20%)
LINK $8.51 (-0.90%)
XLM $0.18 (-3.30%)
CC $0.12 (-3.40%)
BCH $214.85 (-2.30%)
GRAM $1.49 (-0.20%)
LTC $46.83 (+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

-