BTC $66,638.00 (-1.26%)
ETH $1,955.15 (-1.57%)
XRP $1.41 (-4.08%)
BNB $604.40 (-1.79%)
SOL $81.38 (-2.49%)
TRX $0.28 (+0.12%)
DOGE $0.10 (-2.55%)
BCH $549.85 (-1.62%)
ADA $0.27 (-3.06%)
LEO $8.66 (+2.17%)
HYPE $28.44 (-1.81%)
LINK $8.60 (-2.37%)
XMR $329.61 (-3.82%)
CC $0.16 (-3.92%)
XLM $0.16 (-4.15%)
RAIN $0.01 (-4.33%)
ZEC $256.18 (-10.09%)
HBAR $0.10 (-3.41%)
LTC $52.61 (-2.65%)
AVAX $8.81 (-2.73%)

Jamaica vs Syria

Crypto regulation comparison

← Back to map | Jamaica | Syria
Jamaica

Jamaica

Syria

Syria

No Regulation
Banned

Jamaica has no specific cryptocurrency legislation. The Bank of Jamaica does not regulate or endorse crypto but has not banned it. Jamaica launched its own CBDC, JAM-DEX, in 2022 through the National Commercial Bank. Crypto exists in a legal gray area with no dedicated framework.

Syria has a restrictive stance on cryptocurrency compounded by international sanctions. The Central Bank has not authorized crypto activities. International sanctions make access to crypto platforms extremely difficult.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator BOJ (Bank of Jamaica), FSC
Regulator Central Bank of Syria
Stablecoin Rules BOJ launched JAM-DEX CBDC; no private stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific cryptocurrency legislation or regulatory framework
  • BOJ does not recognize crypto as legal tender but has not banned it
  • Jamaica launched the JAM-DEX CBDC in 2022
  • FSC Jamaica has not issued specific guidance on crypto asset regulation
  • Tax treatment of crypto gains is unclear due to lack of specific guidance
Key Points
  • Central Bank has not authorized cryptocurrency activities
  • International sanctions severely restrict crypto access
  • No specific cryptocurrency legislation
  • Limited internet infrastructure hampers crypto use
  • Informal crypto usage exists despite restrictions
Sources
Sources