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Jordan vs Madagascar

Crypto regulation comparison

← Back to map | Jordan | Madagascar
Jordan

Jordan

Madagascar

Madagascar

Restricted
No Regulation

Jordan restricts cryptocurrency use. The Central Bank of Jordan has issued multiple warnings against crypto use and prohibits banks and financial institutions from dealing in it. The JSC does not recognize crypto as a financial instrument. However, private ownership is not explicitly criminalized.

Madagascar has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto. Crypto operates in a legal gray area.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBJ (Central Bank of Jordan), JSC (Jordan Securities Commission)
Regulator Banque Centrale de Madagascar
Stablecoin Rules Not specifically regulated; CBJ does not endorse any crypto
Stablecoin Rules No stablecoin regulation
Key Points
  • CBJ prohibits banks and payment companies from dealing in cryptocurrency
  • JSC does not recognize or regulate crypto as a security or financial instrument
  • Multiple government warnings issued advising against crypto investment
  • Private ownership of crypto is not explicitly criminalized
  • Jordan has explored blockchain for government services but remains cautious on crypto trading
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Crypto not recognized as legal tender
  • Limited crypto adoption and infrastructure
  • No licensing framework for crypto businesses
Sources
Sources