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Saint Kitts and Nevis vs Papua New Guinea

Crypto regulation comparison

← Back to map | Saint Kitts and Nevis | Papua New Guinea
Saint Kitts and Nevis

Saint Kitts and Nevis

Papua New Guinea

Papua New Guinea

Legal
No Regulation

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

Papua New Guinea has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.

Tax Type No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Eastern Caribbean Central Bank (ECCB), Financial Services Regulatory Commission
Regulator Bank of Papua New Guinea
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
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Limited internet and financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources