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Liechtenstein vs Nauru

Crypto regulation comparison

← Back to map | Liechtenstein | Nauru
Liechtenstein

Liechtenstein

Nauru

Nauru

Legal
Legal

Liechtenstein's Blockchain Act (TVTG) effective since 2020 is among the world's most comprehensive crypto frameworks. The FMA supervises registered TT service providers. Adapted for EU MiCAR in 2025.

Nauru has no specific cryptocurrency regulation.

Tax Type Income
Tax Type None
Tax Rate 1-8%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Financial Market Authority (FMA)
Regulator Command Ridge Virtual Asset Authority (CRVAA)
Stablecoin Rules Regulated under TVTG and MiCAR
Stablecoin Rules No stablecoin regulation
Key Points
  • Blockchain Act (TVTG) adopted unanimously in 2019, effective Jan 2020
  • Token Container Model enables tokenization of any asset or right
  • FMA registers and supervises all TT service providers
  • EEA MiCAR Implementation Act entered into force Feb 2025
  • First country with comprehensive blockchain-specific legislation
Key Points
  • No specific cryptocurrency legislation
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • One of the world's smallest economies
  • No licensing framework for crypto services
Sources
Sources