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Saint Kitts and Nevis vs Maldives

Crypto regulation comparison

← Back to map | Saint Kitts and Nevis | Maldives
Saint Kitts and Nevis

Saint Kitts and Nevis

Maldives

Maldives

Legal
Restricted

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

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 No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator Eastern Caribbean Central Bank (ECCB), Financial Services Regulatory Commission
Regulator Maldives Monetary Authority (MMA)
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No 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
  • 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
Sources
Sources