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Guyana vs Palau

Crypto regulation comparison

← Back to map | Guyana | Palau
Guyana

Guyana

Palau

Palau

No Regulation
Legal

Guyana has no specific cryptocurrency regulation. The Bank of Guyana has noted crypto is not legal tender but has not banned it. No income or capital gains tax exists.

Palau has explored blockchain technology and launched a stablecoin program in partnership with Ripple. No income or capital gains tax.

Tax Type No tax
Tax Type No tax
Tax Rate 0%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Bank of Guyana
Regulator Financial Institutions Commission
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Bank of Guyana warns crypto is not legal tender
  • No income or capital gains tax in Guyana
  • No licensing framework for crypto businesses
  • Limited crypto adoption
Key Points
  • Exploring national stablecoin in partnership with Ripple
  • No income or capital gains tax
  • Uses the US dollar as official currency
  • Small but forward-looking approach to digital assets
  • Limited domestic crypto infrastructure
Sources
Sources