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Guinea-Bissau vs Taiwan

Crypto regulation comparison

← Back to map | Guinea-Bissau | Taiwan
Guinea-Bissau

Guinea-Bissau

Taiwan

Taiwan

No Regulation
Legal

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

Taiwan regulates cryptocurrency under FSC guidance. In 2023, the FSC was designated as the primary regulator for virtual assets. VASPs must register and comply with AML regulations. Taiwan has a vibrant crypto community and several compliant exchanges. Crypto income is subject to income tax at progressive rates.

Tax Type None
Tax Type Income
Tax Rate N/A
Tax Rate 5-40%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator BCEAO (Central Bank of West African States)
Regulator FSC (Financial Supervisory Commission)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Under FSC guidance; stablecoins treated as virtual assets
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
  • FSC designated as primary crypto regulator in 2023
  • VASPs must comply with AML/CFT rules and register with the FSC
  • Self-regulatory guidelines issued for VASP industry (2023-2024)
  • Crypto income taxed at progressive rates (5-40%)
  • Major exchanges include MaiCoin/MAX, BitoEX/BitoPro
Sources
Sources