Kiribati vs Nauru
Crypto regulation comparison
Kiribati
Nauru
No Regulation
Legal
Kiribati has no specific cryptocurrency regulation. Uses the Australian dollar.
Nauru has no specific cryptocurrency regulation.
Tax Type
None
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Ministry of Finance, Kiribati
Regulator
Command Ridge Virtual Asset Authority (CRVAA)
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
- Very limited financial infrastructure
- Minimal crypto adoption
- One of the world's smallest economies
- No licensing framework for crypto services