Comoros vs Palau
Crypto regulation comparison
Comoros
Palau
Legal
Legal
Comoros has no specific cryptocurrency regulation.
Palau has explored blockchain technology and launched a stablecoin program in partnership with Ripple. No income or capital gains tax.
Tax Type
None
Tax Type
No tax
Tax Rate
N/A
Tax Rate
0%
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Banque Centrale des Comores
Regulator
Financial Institutions Commission
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No specific 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
- Exploring national stablecoin in partnership with Ripple
- No income or capital gains tax
- Uses the US dollar as official currency
- Small but forward-looking approach to digital assets
- Limited domestic crypto infrastructure