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Equatorial Guinea vs Madagascar

Crypto regulation comparison

Equatorial Guinea

Equatorial Guinea

Madagascar

Madagascar

No Regulation
No Regulation

Equatorial Guinea has no specific cryptocurrency regulation. As a CEMAC member, it falls under BEAC oversight.

Madagascar has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto. Crypto operates in a legal gray area.

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 BEAC (Bank of Central African States)
Regulator Banque Centrale de Madagascar
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific national cryptocurrency legislation
  • BEAC provides regional monetary oversight
  • Part of the CEMAC monetary zone with the CFA franc
  • Limited crypto adoption
  • No licensing framework for crypto businesses
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Crypto not recognized as legal tender
  • Limited crypto adoption and infrastructure
  • No licensing framework for crypto businesses