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Liberia vs Solomon Islands

Crypto regulation comparison

← Back to map | Liberia | Solomon Islands
Liberia

Liberia

Solomon Islands

Solomon Islands

Restricted
No Regulation

The CBL has not issued crypto licenses and considers unauthorized crypto products illegal. No specific crypto legislation exists but the Financial Institutions Act requires licensing for all financial services.

Solomon Islands has no specific cryptocurrency regulation.

Tax Type None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Liberia
Regulator Central Bank of Solomon Islands
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No stablecoin regulation
Key Points
  • CBL has not approved any crypto licensing
  • Unauthorized crypto products deemed illegal under Financial Institutions Act
  • CBL shut down local crypto startup TACC in 2021
  • No specific crypto tax framework
  • Very low crypto adoption due to limited internet access
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not addressed crypto regulation
  • Very limited internet infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services
Sources
Sources