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Kiribati vs Lesotho

Crypto regulation comparison

Kiribati

Kiribati

Lesotho

Lesotho

No Regulation
No Regulation

Kiribati has no specific cryptocurrency regulation. Uses the Australian dollar.

Lesotho has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Ministry of Finance, Kiribati
Regulator Central Bank of Lesotho
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Uses the Australian dollar
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Part of the Common Monetary Area with South Africa
  • Limited crypto adoption
  • No licensing framework for crypto services