Comoros vs Maldives
Crypto regulation comparison
Comoros
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
Exchanges
No
Mining
Yes
Mining
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