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Guinea vs Liberia

Crypto regulation comparison

← Back to map | Guinea | Liberia
Guinea

Guinea

Liberia

Liberia

No Regulation
Restricted

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

The CBL has not issued crypto licenses and considers unauthorized crypto products illegal. No specific crypto legislation exists but the Financial Institutions Act requires licensing for all financial services.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Banque Centrale de la République de Guinée
Regulator Central Bank of Liberia
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Key Points
  • CBL has not approved any crypto licensing
  • Unauthorized crypto products deemed illegal under Financial Institutions Act
  • CBL shut down local crypto startup TACC in 2021
  • No specific crypto tax framework
  • Very low crypto adoption due to limited internet access
Sources
Sources