BTC $63,680.00 (-1.96%)
ETH $1,830.03 (-1.62%)
XRP $1.33 (-0.91%)
BNB $593.08 (+0.96%)
SOL $76.82 (-0.94%)
TRX $0.28 (-1.84%)
DOGE $0.09 (-0.92%)
BCH $486.18 (-10.01%)
ADA $0.26 (-1.05%)
LEO $7.83 (-3.53%)
HYPE $26.43 (-2.52%)
CC $0.16 (+1.01%)
LINK $8.19 (-0.27%)
XMR $308.46 (-1.38%)
XLM $0.15 (-0.44%)
RAIN $0.01 (-0.44%)
HBAR $0.09 (-0.85%)
LTC $51.02 (-0.45%)
ZEC $234.85 (-1.34%)
AVAX $8.29 (-1.03%)

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