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Comoros vs Maldives

Crypto regulation comparison

Comoros

Comoros

Maldives

Maldives

Legal
Restricted

Comoros has no specific cryptocurrency regulation.

The Maldives Monetary Authority has warned against cryptocurrency and does not recognize it as legal tender. No specific legislation exists but the MMA discourages crypto activities.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Banque Centrale des Comores
Regulator Maldives Monetary Authority (MMA)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not addressed crypto regulation
  • Very limited internet and financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Key Points
  • MMA has warned against cryptocurrency use
  • Crypto not recognized as legal tender
  • No specific cryptocurrency legislation
  • Financial institutions discouraged from dealing in crypto
  • Limited crypto adoption