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SOL $82.04 (+0.80%)
TRX $0.28 (+2.10%)
DOGE $0.10 (-0.82%)
BCH $560.14 (+0.88%)
ADA $0.27 (-0.87%)
LEO $8.68 (+1.87%)
HYPE $28.84 (+1.52%)
XMR $334.85 (+2.28%)
LINK $8.49 (-0.99%)
CC $0.16 (-5.01%)
XLM $0.16 (-2.28%)
RAIN $0.01 (+0.94%)
ZEC $261.81 (-0.94%)
HBAR $0.10 (-1.89%)
LTC $52.44 (-1.39%)
AVAX $8.86 (+0.14%)

Greenland vs Mongolia

Crypto regulation comparison

← Back to map | Greenland | Mongolia
Greenland

Greenland

Mongolia

Mongolia

No Data
Legal

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Mongolia adopted the Law on Virtual Asset Service Providers (VPSP) in December 2021, establishing a comprehensive regulatory framework. The Financial Regulatory Commission (FRC) registers and supervises crypto exchanges. Over 12 licensed exchanges serve 850,000+ customers. Crypto mining is legal and growing, with tax incentives for renewable energy use.

Tax Type Unclear
Tax Type Income
Tax Rate N/A
Tax Rate 10-25%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator Financial Regulatory Commission (FRC) of Mongolia
Stablecoin Rules -
Stablecoin Rules No specific stablecoin regulation
Key Points

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Key Points
  • Law on Virtual Asset Service Providers (VPSP) adopted December 2021
  • FRC registers and supervises crypto exchanges under VPSP law
  • Over 12 licensed exchanges serving 850,000+ customers
  • Crypto exchange income is taxable and exempt from VAT
  • Mongolia launched blockchain-based OTC securities trading in 2025
Sources

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Sources