BTC $67,121.00 (+1.45%)
ETH $1,943.72 (+0.62%)
XRP $1.40 (-0.18%)
BNB $607.01 (+0.69%)
SOL $82.99 (+3.34%)
TRX $0.28 (+1.85%)
DOGE $0.10 (+0.26%)
BCH $545.12 (-0.27%)
ADA $0.27 (+1.20%)
LEO $8.71 (+0.68%)
HYPE $29.24 (+3.53%)
XMR $330.37 (-0.01%)
LINK $8.57 (+0.85%)
CC $0.16 (-1.35%)
XLM $0.16 (+0.47%)
RAIN $0.01 (-0.60%)
ZEC $256.75 (-0.64%)
HBAR $0.10 (+1.55%)
LTC $53.32 (+2.09%)
AVAX $9.07 (+3.49%)

Kuwait vs Zambia

Crypto regulation comparison

← Back to map | Kuwait | Zambia
Kuwait

Kuwait

Zambia

Zambia

Restricted
No Regulation

Kuwait has taken a restrictive approach to cryptocurrency. The Central Bank of Kuwait and the Capital Markets Authority have prohibited banks and financial institutions from processing crypto transactions. There is no licensing framework for crypto exchanges. However, owning crypto is not explicitly illegal, and there is no personal income tax in Kuwait, so no crypto-specific tax applies.

Zambia has no comprehensive cryptocurrency legislation. The SEC warns the public about unregulated crypto schemes and evaluates whether specific products qualify as securities. The Bank of Zambia's 2024-2027 Strategic Plan includes developing a crypto and stablecoin regulatory framework. Blockchain-based regulatory testing is underway with the SEC and BoZ.

Tax Type None
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBK (Central Bank of Kuwait), CMA
Regulator Bank of Zambia, Securities and Exchange Commission
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • CBK prohibits banks and financial institutions from dealing in virtual currencies
  • No licensing framework exists for crypto exchanges or VASPs
  • Personal ownership of crypto is not explicitly criminalized
  • No personal income or capital gains tax in Kuwait applies to crypto
  • CMA has warned investors about the risks of cryptocurrency
Key Points
  • SEC warns public against unregulated cryptocurrency schemes
  • Crypto products regulated only if they meet the definition of a security
  • BoZ 2024-2027 Strategic Plan includes crypto and stablecoin regulatory framework
  • Blockchain-based regulatory testing underway with SEC and BoZ
  • Kwacha is sole legal tender for domestic transactions per 2025 Currency Directives
Sources
Sources