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Gambia vs Montenegro

Crypto regulation comparison

Gambia

Gambia

Montenegro

Montenegro

No Regulation
Legal

The Gambia has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.

Montenegro has no specific crypto law but crypto is not prohibited. Working toward EU candidacy and potential MiCA alignment. Capital gains taxed under general provisions.

Tax Type None
Tax Type Capital gains
Tax Rate N/A
Tax Rate 9-15%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of The Gambia
Regulator Central Bank of Montenegro, Capital Market Authority
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Crypto not recognized as legal tender
  • Limited crypto adoption
  • No licensing framework for crypto services
Key Points
  • No specific cryptocurrency legislation but crypto is legal
  • Working toward EU candidacy and MiCA alignment
  • Capital gains on crypto taxed at 9-15%
  • Central Bank has acknowledged crypto without banning it
  • Growing interest in crypto-friendly policies