Liberia vs Chad
Crypto regulation comparison
Liberia
Chad
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.
Chad has no specific cryptocurrency regulation. As a CEMAC member, it falls under BEAC oversight.
Tax Type
None
Tax Type
None
Tax Rate
N/A
Tax Rate
N/A
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Central Bank of Liberia
Regulator
BEAC (Bank of Central African States)
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 national cryptocurrency legislation
- BEAC provides regional monetary oversight
- Part of the CEMAC monetary zone with the CFA franc
- Very limited crypto adoption and infrastructure
- No licensing framework for crypto businesses