Haiti vs Liberia
Crypto regulation comparison
Haiti
Liberia
Haiti has no cryptocurrency regulation. The central bank has not issued specific guidance on crypto. Political and economic instability has limited any regulatory development.
The CBL has not issued crypto licenses and considers unauthorized crypto products illegal. No specific crypto legislation exists but the Financial Institutions Act requires licensing for all financial services.
Key Points
- No specific cryptocurrency legislation
- Central bank has not issued specific crypto guidance
- Political and economic instability limits regulatory development
- Crypto used informally, especially for remittances
- Limited infrastructure for formal crypto services
Key Points
- CBL has not approved any crypto licensing
- Unauthorized crypto products deemed illegal under Financial Institutions Act
- CBL shut down local crypto startup TACC in 2021
- No specific crypto tax framework
- Very low crypto adoption due to limited internet access