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Saint Kitts and Nevis vs Monaco

Crypto regulation comparison

Saint Kitts and Nevis

Saint Kitts and Nevis

Monaco

Monaco

Legal
Legal

Saint Kitts and Nevis has taken a crypto-friendly approach. No income or capital gains tax. The country accepts crypto for citizenship by investment.

Monaco has no income or capital gains tax. The CCAF oversees financial activities. Monaco has shown interest in blockchain technology and digital assets.

Tax Type No tax
Tax Type No tax
Tax Rate 0%
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Eastern Caribbean Central Bank (ECCB), Financial Services Regulatory Commission
Regulator Commission de Contrôle des Activités Financières (CCAF)
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • Crypto-friendly regulatory approach
  • No income or capital gains tax
  • Citizenship by investment accepts cryptocurrency
  • ECCB provides regional monetary oversight
  • Growing digital economy initiatives
Key Points
  • No income or capital gains tax
  • CCAF provides financial regulatory oversight
  • Government has shown interest in blockchain technology
  • Working on digital asset regulatory framework
  • Small but active fintech community