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North Korea vs Timor-Leste

Crypto regulation comparison

← Back to map | North Korea | Timor-Leste
North Korea

North Korea

Timor-Leste

Timor-Leste

Banned
No Regulation

North Korea does not allow civilian cryptocurrency use. The regime has been accused by the UN and US of using state-sponsored hacking to steal cryptocurrency to fund weapons programs.

Timor-Leste has no specific cryptocurrency regulation. Uses the US dollar as its official currency.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Central Bank of North Korea
Regulator Banco Central de Timor-Leste
Stablecoin Rules Not applicable — crypto banned
Stablecoin Rules No stablecoin regulation
Key Points
  • No civilian cryptocurrency use permitted
  • State-sponsored crypto theft alleged by UN and US
  • Lazarus Group linked to major crypto exchange hacks
  • International sanctions restrict all financial activities
  • Cryptocurrency used by state actors, not civilians
Key Points
  • No specific cryptocurrency legislation
  • Uses the US dollar as official currency
  • Central bank has not addressed crypto regulation
  • Very limited financial infrastructure
  • Minimal crypto adoption
Sources
Sources