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Equatorial Guinea vs Marshall Islands

Crypto regulation comparison

← Back to map | Equatorial Guinea | Marshall Islands
Equatorial Guinea

Equatorial Guinea

Marshall Islands

Marshall Islands

No Regulation
Legal

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

The Marshall Islands passed the Sovereign Currency Act in 2018 to create the SOV, a blockchain-based national digital currency. No income or capital gains tax.

Tax Type None
Tax Type No tax
Tax Rate N/A
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator BEAC (Bank of Central African States)
Regulator Banking Commission of the Marshall Islands
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific 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
  • Sovereign Currency Act (2018) created SOV digital currency
  • No income or capital gains tax
  • Has been a popular jurisdiction for DAO registration
  • Banking Commission provides oversight
  • Limited domestic crypto adoption
Sources
Sources