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Guinea-Bissau vs Lesotho

Crypto regulation comparison

Guinea-Bissau

Guinea-Bissau

Lesotho

Lesotho

No Regulation
No Regulation

Guinea-Bissau has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

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

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 BCEAO (Central Bank of West African States)
Regulator Central Bank of Lesotho
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific national cryptocurrency legislation
  • BCEAO provides regional monetary oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Very limited crypto adoption
  • No licensing framework for crypto businesses
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Part of the Common Monetary Area with South Africa
  • Limited crypto adoption
  • No licensing framework for crypto services